"Unveiling the Mystery of Bitcoin Whales: Who's Buying and Selling Big in 2022?"

TL;DR
Wealthy corporations and institutions like Grayscale, BlackRock, and Fidelity are buying up bitcoins, making them the so-called 'Bitcoin whales'. Other significant holders include cryptocurrency exchanges, unknown individuals with large wallets, and the anonymous creator of Bitcoin, Satoshi Nakamoto. Additionally, regulated investment firms, law enforcement agencies, and public figures like Michael Saylor and the Winklevoss Twins also hold substantial amounts of bitcoins. The surge in Bitcoin's value is attributed to the actions of these large holders, rather than individual retail investors.
- As banks buy up bitcoins, who else are the 'Bitcoin whales'? BBC.com
- Bitcoin Whale Sits on $900 Million Profit After Grabbing Big BTC Chunk in 2022 U.Today
- Analyst Warns Crypto Traders To Proceed With Caution As Bitcoin Whales Take Profits The Daily Hodl
- This Mysterious Wallet Has Been Buying at Least 100 BTC Daily Since Nov 2022 Coinfomania
- Bitcoin’s $60K surge: Whales to buy or sell now? AMBCrypto News
Want the full story? Read the original reporting
Read on BBC.com