Replying to Avatar BankSith

“Mr. 4MM” buys #Bitcoin for approx. $4 million USD, several times a day, regardless of the price.

He already bought 2x $4mm today.

Source: CC15Capital

(Charles-Henry Monchau via linkedin)

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Platinum Bear 2y ago

How do you know it’s the same person?

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BankSith 2y ago

We do not know but institutional buyers act similarly when trying to place huge orders in clips to prevent market impact.