{"id":390441,"date":"2022-01-06T18:34:07","date_gmt":"2022-01-06T15:34:07","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/binance-buys-the-dip-adding-over-43k-bitcoin-to-wallet\/"},"modified":"2022-01-06T18:34:07","modified_gmt":"2022-01-06T15:34:07","slug":"binance-buys-the-dip-adding-over-43k-bitcoin-to-wallet","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/binance-buys-the-dip-adding-over-43k-bitcoin-to-wallet\/","title":{"rendered":"# Binance buys the dip adding over 43K Bitcoin to wallet"},"content":{"rendered":"<p>&#8220;<strong># Binance buys the dip adding over 43K Bitcoin to wallet  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDEvODI5ODQ5YTUtN2Q2Ni00NzkwLTllOTAtYzNlOTg5ZWNmOTQ0LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Bitcoin billionaires continue to accumulate during the dip. As Bitcoin (BTC) filled the $42 thousand December price wick this morning, Bitcoin whales were busy stacking sats.<\/p>\n<p>One address <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/bitinfocharts.com\/bitcoin\/address\/3LYJfcfHPXYJreMsASk2jkn69LWEYKzexb\">belonging<\/a> to Binance added 43,000 BTC on Tuesday at an average price of $46,553.68, bringing the wallet&#8217;s total value to $5.5 billion. <\/p>\n<p>Elsewhere, the third-largest Bitcoin\u00a0address\u00a0continued its spending spree, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/bitinfocharts.com\/bitcoin\/address\/1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ\">adding<\/a> another 551 BTC since Cointelegraph last reported it bought the dip, just two days ago. The wallet continues to aggressively accumulate in the $40 thousand range, now owning a total of 121,396 BTC or roughly $5 billion. <\/p>\n<p>There was some consternation on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> platforms about the wallet owner behind the $43,000 BTC buy, but Binance <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/binance\/status\/1140602413243674624\">confirmed<\/a> ownership of the address in a tweet sent out in 2019. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">For <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BTCB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTCB<\/a>, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> reserve address is: 3LYJfcfHPXYJreMsASk2jkn69LWEYKzexb<\/p>\n<p>We have just reserved 9001 BTC and minted 9001 BTCB. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/344lxlqsMa\">https:\/\/t.co\/344lxlqsMa<\/a><\/p>\n<p>A trading pair on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\">#Binance<\/a> .com for BTCB\/BTC will follow in a day or so, and we will issue a proposal on @Binance_DEX<\/p>\n<p>\u2014 Binance (@binance) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/binance\/status\/1140602413243674624?ref_src=twsrc%5Etfw\">June 17, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<strong><em>Related:\u00a0Bitcoin Twitter flips bearish, community responds<\/em><\/strong><\/p>\n<p>The intended use of wallet address &#8220;3LYJfcfHPXYJreMsASk2jkn69LWEYKzexb&#8221; was for the company to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.binance.com\/en\/blog\/all\/introducing-bitcoinpegged-token-on-binance-chain-347360878904684544\">issue<\/a> a number of crypto-pegged tokens on Binance Chain, starting with BTCB, a BEP2 token pegged to BTC. <\/p>\n<p>However, the wallet <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ears to have <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/whale_alert\/status\/1383959338260172804\">evolved<\/a> into a cold storage wallet for the world\u2019s largest cryptocurrency exchange. In a tweet by advanced blockchain tracker @whale_alert in April last year, the wallet was again <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/whale_alert\">labeled<\/a> as the Binance BTC reserve wallet address. <\/p>\n<p>Although the wallet has been <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/bitinfocharts.com\/bitcoin\/address\/3LYJfcfHPXYJreMsASk2jkn69LWEYKzexb\">used<\/a> to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/explorer.binance.org\/asset\/BTCB-1DE\">mint<\/a> 13,001 BTC onto the Binance Smart Chain, the owner has never sold a single Satoshi. Since June 17, 2019, it has accumulated a whopping 116,601.13647202 BTC. <\/p>\n<p>At the time of writing, the wallet is valued at roughly $4,982,770,577 or just shy of $5 billion. Talk about diamond hands. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/binance-buys-the-dip-adding-over-43k-bitcoin-to-wallet\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Binance buys the dip adding over 43K Bitcoin to wallet &#8221; Bitcoin billionaires continue to accumulate during the dip. As Bitcoin (BTC) filled the $42 thousand December price wick this morning, Bitcoin whales were busy stacking sats. One address belonging to Binance added 43,000 BTC on Tuesday at an average price of $46,553.68, bringing&#8230;<\/p>\n","protected":false},"author":1,"featured_media":390442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDEvODI5ODQ5YTUtN2Q2Ni00NzkwLTllOTAtYzNlOTg5ZWNmOTQ0LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74982,108706,107481],"class_list":["post-390441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-btc-markets","tag-buy","tag-whaleclub"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/390441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=390441"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/390441\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/390442"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=390441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=390441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=390441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}