"According to data from Bitcoin Magazine Pro, there are 1,012,650 Bitcoin addresses that contain 1 BTC or more. This represents more than 1 million BTC potentially taken off the market and held by strong hands, a significant portion of the 21 million BTC that will ever exist."
Metaplanet bought another ¥500M worth of Bitcoin, bringing its total holdings to 303 BTC acquired for ¥2.95B. The public Japanese firm continues aggressively expanding its Bitcoin reserves.
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In 2022, Obi Nwosu had a vision to empower disenfranchised communities worldwide with technology that could help them more easily custody and use their bitcoin. As of August 6, 2024, that vision became a reality when Fedi launched its superapp, which is much more than just a platform for money management.
Given the recent volatility in bitcoin after a long period of very choppy consolidation, several metrics seem to suggest that whales are taking advantage of these dips to buy even more BTC!
