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The mysterious address Mr.100 has been marked as an Upbit cold wallet by Arkham

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On March 13th, according to cryptocurrency analyst @defioasis on X platform, the mysterious address Mr.100 (named for consistently purchasing around 100 BTC each time) has been marked by Arkham as an Upbit cold wallet. They also added that the regular behavior of purchasing 100 BTC is not actually buying, but may be a special method for organizing the assets of Upbit's hot and cold wallets.

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