An unknown Bitcoin wallet is collecting more BTC as the competition to reach a new record high level persists. As per information from Bitinfocharts, the wallet of the whale currently contains more than 1003,164 BTC, equivalent to approximately $3.2 billion. A “whale” refers to an investor who accumulates significant amounts of cryptocurrency. The actions of whales, who hold large amounts of Bitcoin, attract significant interest from blockchain analysts, particularly on platforms like crypto Twitter. In April, an old Bitcoin wallet suddenly moved more than $11 million worth of BTC after lying inactive for 12 years. During the same week, a Bitcoin wallet that had been inactive for ten years transferred $8 million worth of BTC. In November, there was a significant development in the Bitcoin market when analysts found a wallet holding $450 million worth of Bitcoin belonging to a new whale, known as “Mr. X”. There is a possibility that the 100 largest Bitcoin wallets belong to entities such as investment funds or major banks associated with Bitcoin ETFs, but it is not very probable, according to Chris Martin, Director of Research at Amberdata. I find it odd that they wouldn’t share this address, considering that all ETFs have made their addresses public. The wallet has been collecting Bitcoin since November 2022 through Binance and KuCoin, as reported by Amberdata. The US Government is also said to have acquired a substantial amount of Bitcoin, now valued at more than $12 billion, but Martin believes that the Biden Administration is not associated with the address.