On February 29th, according to on-chain data, the third largest Bitcoin holding address increased its holdings by 4809 Bitcoin, worth approximately $292 million. This is the first time this address has added to its holdings since January 5th of this year. The address has been steadily increasing its Bitcoin holdings since 2019 and currently holds a total of 131,945 Bitcoin, worth approximately $8.2 billion, with an unrealized profit of $4.1 billion.
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