Odaily News: The current third-largest Bitcoin holder in the world (bc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2) is believed to be the cold wallet address of Gemini. The evidence is as follows:

1. The Bitcoin in the bc1q...59v2 address originated from transfers from bc1qhk0ghcywv0mlmcmz408sdaxudxuk9tvng9xx8g and 1JHceFenZHACSRPD6tE4bfU6yJ83wTG6kH, and these two addresses received Bitcoin from the original third-largest Bitcoin holder (1LQoWist8KkaUXSPKZHNvEyfrEkPHzSsCd).

2. Before a large-scale wallet consolidation in May, 1LQo...SsCd held approximately 120,000 Bitcoins, which is roughly equivalent to the current amount held by bc1q...59v2.

3. Previously, CryptoQuant CEO Ki Young Ju speculated that 1LQo...SsCd is likely the cold wallet address of the cryptocurrency exchange Gemini. (Wu said)



Earlier today, according to data from BitInfoCharts, the Bitcoin wallet address (bc1q...59v2) received Bitcoin for the first time on March 8th. Over the following three months and two weeks, the wallet accumulated 118,000 Bitcoins, which is worth approximately 3.08 billion US dollars at the current price, making it the third-largest Bitcoin holder globally.



Additionally, the first and second-largest Bitcoin holder addresses are the Binance cold wallet and the Bitfinex cold wallet, with another Binance cold wallet ranking fourth.