Unmasking ‘Mr. 100’: The Enigma Behind Bitcoin’s 14th-Largest Holder A Bitcoin (BTC) whale known as “Mr. 100” has captured the attention of the crypto community in recent days. The enigmatic individual has amassed a staggering
52,996 Bitcoin, worth over $3.5 billion, making them the 14th-largest holder of the
digital currency. On March 15, the whale purchased at least
1,000 Bitcoin, which accounted for 52% of the total 1,907 BTC bought by the top 10 Bitcoin exchange-traded funds
(ETFs), sparking speculation about the true identity of Mr. 100. Interestingly, the wallet associated with Mr. 100 has been consistently receiving Bitcoin since November 2022, around the time of the
FTX exchange collapse. What’s more, the wallet has been adding
approximately 100 BTC on a daily basis since February 14. Larger Bitcoin transfers from a secondary wallet address have also been observed, with this secondary address accumulating tranches of 100 BTC
since 2019. Some speculate that the whale could be a Hong Kong financial institution pre-seeding for ETFs, the Qatar
Investment Authority, other Middle Eastern sovereign wealth funds, a cold
wallet associated with the South Korean Upbit exchange, or even an unidentified address belonging to a tech billionaire.
