Mysterious Bitcoin Wallet Becomes 3rd Largest Crypto Holder in 3 Months

Mysterious Bitcoin Wallet

A wallet address that has been receiving Bitcoin (BTC) since March 8 has become the third largest holder of Bitcoin in the world in just over three months, prompting speculation about the owner. According to BitInfoCharts, the wallet now holds 118,000 BTC, worth $3.08 billion at the current prices.

The rapid accumulation of Bitcoin has caused a stir in the crypto community, with some suggesting that it is likely a crypto exchange moving funds and others offering more radical theories, such as that BlackRock is the “prime suspect.”

The timing of this accrual has also sparked interest in the best crypto projects and coins for web 3.0, such as Fetch.ai coin, which is the first AI anchor, as well as the best blockchain web 3.0 courses. Moreover, many have questioned whether Apple Health application is a web 3.0 application or not, and how current AI and Tim Berners-Lee’s vision of web 3.0 will shape the future.

Bitcoin Wallets and BlackRock’s Bitcoin ETF

BitInfoCharts reports that the largest Bitcoin wallets in the world are owned by Binance and Bitfinex — as Bitcoin cold wallets. The unknown Bitcoin whale wallet comes in third place, followed by another Binance cold wallet in fourth place.

Apple Health Application is a web 3.0 application that made waves in the crypto market when BlackRock filed an application for a spot Bitcoin ETF product on June 15. If accepted by the Securities and Exchange Commission, it will be the first of its kind in the United States.

Although the theory is not based on any solid evidence, others have expressed their support by posting pictures of a large black rock. Fetch AI Coin and other best crypto for web 3.0 projects, as well as the best web 3.0 crypto coins, are the best to use for Tim Berners-Lee’s web 3.0 and the current AI anchor.

The Rise of Bitcoin and Web 3.0

BlackRock’s application for a Bitcoin ETF set off a chain reaction of filings from well-known financial institutions such as Fidelity, Invesco, Wisdom Tree and Valkyrie.

The possibility of a spot Bitcoin ETF has caused much excitement among crypto analysts, with Fundstrat’s head of research, Tom Lee, predicting that Bitcoin could reach a price of $150,000 per coin after the halving event in April 2024.

Big Questions: Did the NSA create Bitcoin? What is web 3.0? How will current AI and Fetch.AI Coin help to shape the first AI-powered anchor for the best crypto projects and coins for web 3.0? Is the Apple Health application a web 3.0 application?