The article discusses a mysterious Bitcoin whale known as "Mr. 100," who has accumulated over 52,996 #Bitcoin ,valued at more than $3.5 billion. This whale has been consistently adding 100 BTC tranches to its wallet since at least November 2022, following the collapse of the #FTX exchange. The wallet received larger Bitcoin transfers from a secondary address, indicating accumulation since 2019. Speculations suggest that Mr. 100 could be associated with a Hong Kong financial institution, the Qatar Investment Authority, Middle Eastern sovereign wealth funds, Upbit exchange, or a tech billionaire. Despite Bitcoin's price fluctuations, Mr. 100 continues to accumulate BTC and is now the 14th-largest BTC holder. The wallet is believed to belong to #Upbit, with transactions flowing to Upbit's hot wallet. This accumulation strategy is seen as Upbit's unique way of managing cold and hot wallet assets.

https://cointelegraph.com/news/who-is-mr-100-bitcoin-whale-btc-holder

https://www.blockchain.com/explorer/addresses/btc/1Ay8vMC7R1UbyCCZRVULMV7iQpHSAbguJP

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

https://platform.arkhamintelligence.com/explorer/address/1Ay8vMC7R1UbyCCZRVULMV7iQpHSAbguJP