A major Bitcoin holder has added 397 BTC for approximately $45.6 million at an average price of about $114,771 per coin. As of February 11, 2025, the entity's total holdings stand at 641,205 BTC, accumulated for roughly $47.49 billion at an average purchase price of around $74,057 per bitcoin. Bitcoin is up 26.1% year-to-date in 2025.
The latest acquisition underscores continued institutional accumulation amid elevated price levels. The purchase price near $114,771 suggests buying interest persisted even as spot prices traded in six figures, while the holder's long-term average cost basis of $74,057 indicates significant unrealized gains at recent market levels.
By the numbers:
- Latest purchase: 397 BTC for ~$45.6 million
- Implied average price of latest buy: ~$114,771 per BTC
- Total holdings as of Feb 11, 2025: 641,205 BTC
- Aggregate cost: ~$47.49 billion
- Average cost basis: ~$74,057 per BTC
- Bitcoin performance: +26.1% year-to-date in 2025
Sustained accumulation by large holders has been a notable theme in the current market cycle, contributing to reduced available supply on exchanges and supporting price momentum. Market participants will watch for additional disclosures to gauge whether institutional demand remains strong if volatility increases.
Looking ahead, continued purchases at elevated price levels, combined with Bitcoin's positive year-to-date performance, may influence short-term liquidity and long-term supply dynamics. Investors are monitoring whether this accumulation trend persists and how it interacts with broader macro and crypto market conditions.