2022-06-14 23:42:34
An unknown user has been buying $1 million worth of bitcoin every day since August 11, 2021.
He accumulated 11,491.96 BTC ($321.7 million). The investor probably used the Dollar-Cost-Averaging (DCA) strategy, using huge amounts.
What is DCA?
It is an investment strategy that minimizes volatility in large investments. Its essence is to regularly buy an asset for a fixed amount. Typically, DCA is used in the long term with buying intervals of a week or a month.
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