A Bitcoin (BTC) address known as “Mr. 1,000” recorded a net increase of 5,000 BTC over Thursday and Friday, Nov. 5-6, ending the period at 6,000 BTC. Six transactions were recorded during those two days.
A $75,980.15 per-coin price values the 6,000 BTC ending balance at about $455.9 million. The net increase of 5,000 BTC amounts to about $379.9 million on that basis.
The $455.9 million estimate covers all 6,000 BTC held at the end; the $379.9 million estimate values the additional 5,000 BTC. The observation is limited to this address and does not show movements in other wallets or aggregate Bitcoin flows.
