I don't know, I know he's a whale and he's the 12th bitcoin holder.

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“Mr100” is believed to belong to an exchange. According to blockchain intelligence firm Arkham Intelligence, the Mr100 wallet has been tagged as a cold wallet associated with the Upbit cryptocurrency exchange. This conclusion is supported by the analysis of blockchain data, which shows that the incoming transactions to the Mr100 wallet originate from Upbit

Thus outflow of BTC makes absolutely sense.