On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
Bitcoin’s top 100 richest addresses have snapped up almost 350,000 more BTC in the last 30 days.
The top 100 richest Bitcoin addresses are increasingly bullish, accumulating 16% more Bitcoin over the last 30 days.
In total these addresses added 334,000 more Bitcoin to their bags, or around $11 billion worth.
The majority barely reacted to Bitcoin’s recent price drop from $41,000 to below $33,000. Only seven addresses conducted a transfer out of the wallet since the most recent all-time-high on January 10.
Of the addresses that have transacted in the last 30 days, only eight of them have more than ten transactions to their name since December 12.
Perhaps surprisingly, many of the largest addresses are yet to see a bull run, with eight of the top ten having received their first transaction later than September 2018. The newest in the top 100 is only two months old.
They’re not all individual whales however. The addresses include at least ten controlled by exchanges such as Huobi, Binance, Bittrex, and Kraken. The rest are believed to belong to a mix of institutional investors and wealthy hodlers, with it being almost impossible to differentiate between two. What is clear though, is that the big guys are not easily influenced by price or sentiment.
In order to make it into the top echelon of Bitcoin addresses, one must hold more than $336 million in BTC. Around $2.2 billion is required to hit the top ten.
Addresses within this prestigious list have often attracted attention for various reasons, including one that is believed to belong to Satoshi Nakamoto himself.
The third wealthiest address, with an untouched 94,506 BTC, created headlines back in September 2019 after Glassnode reported that 73,000 of the BTC in the wallet had been transferred from Huobi. It was presumed to be the richest non-exchange address.
According to BitInfoCharts, 64 of the top 100 have never seen a single satoshi transferred out.
These addresses, which currently control more than 2.5 million BTC (13.5% of circulating supply) with a value of almost $85 billion dollars, include 15 dormant addresses. Eleven are more than nine years old. Although no one can prove that the 300,000 BTC held by these addresses have been lost, most assume so.
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