The notable Bitcoin whale known as “Mr. 100” recently made a significant purchase of Bitcoin, marking his first buy since the Bitcoin halving event in April 2024. As the Bitcoin price briefly dipped to $56,000, Mr. 100 added over 4,100 BTC to his holdings, purchased around the $58,000 level. This acquisition, valued at approximately $242 million, was highlighted by the analysis of on-chain data from Bitinfocharts, brought to attention by user HODL15Capital. This transaction comes after a hiatus since April 19, the day before the halving, during which the whale did not acquire any additional Bitcoin. The “Mr. 100” wallet,
![Bitcoin [BTC] Price Analysis: Will BTC Plunge Further or Rally to $86k?](https://resources.cryptocompare.com/news/77/29576689.jpeg "Bitcoin [BTC] Price Analysis: Will BTC Plunge Further or Rally to $86k?")
