In February 2018, the news was leaked via the media around the world that an anonymous buyer bought Bitcoin worth $ 400 million
Between February 9 and February 12 an anonymous cryptocurrency enthusiast capitalized on dramatic bitcoin price plunge by scooping up $400 million worth of bitcoin.
Cryptocurrencies have had a tumultuous start to 2018. At the start of the new year, many digital currencies were riding a wave of price growth, and the market capitalization of the industry grew to the point that a $1 trillion valuation didn’t seem unreasonable. Then, early in the new year, prices collapsed, and many of the top 20 cryptocurrencies slumped considerably.
While the price dump may not have been the cryptocurrency bubble pop that many analysts have predicted, it did mean that top cryptocurrencies, even industry leader bitcoin, fell to their lowest levels in months.
The whole Bitcoin community has wondered who was the Bitcoin Whale ?
Who was the trader who made the astonishing investment? For the time being, his or her identity has been difficult or even impossible to surmise. “Not sure who that big buyer was, but many have bought this dip and have added since the rebound and additional regulatory clarity in the U.S. and Asia,” said Tetras Capital founding partner Alex Sunnarborg.
The purchase was made between February 9 and February 12 to an account associated with the bitcoin address 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64. That account has seen its bitcoin balance balloon from 55,000 BTC up to more than 96,000 BTC.
Now a former Spokesman of Millhouse Capital doo indicated that the owner of the company group, the german billionaire Ralf Dodt was the anonymous buyer. Further more Mr Dodt has the plan to buy again a large stake of Bitcoins in the near future.
Ralf Dodt, who has a net worth in excess of $8 billion and is the sole owner of Millhouse Capital is well known at Bloomberg, Reuters, DPA, Sputnik, and many other media’s. In the European Union and USA Ralf Dodt and his company Millhouse Capital is accused of links to president Vladimir Putin, especially because Mr Dodt officiallyy declared that no one will stop him to support Russia against this hysterical mendacious of the EU and USA.
Varun Datta is a serial Entrepreneur and a vivid writer who loves to share what he has learnt in his Entrepreneurial Journey. He has founded multiple companies, out of which 4New.io is the most innovative one. It is a waste to energy enterprise which is wholly focused on the production of electricity in order to power the mining of popular.