Whale Spends $85M Stablecoins on 1,075 BTC Ahead of Fed Rate Decision
A significant cryptocurrency whale has spent $85.42 million in stablecoins to acquire 1,075.6 BTC over four days.
The purchase was made at an average price of $79,412 per Bitcoin.
The whale still holds approximately $74.32 million in stablecoins and is currently about $2.35 million underwater due to the current market conditions with Bitcoin trading near $77,200.