Unknown Wallet Amasses $52M in Bitcoin Within 24 Hours

A newly created wallet labeled “bc1qcg” has rapidly started accumulating Bitcoin, withdrawing 328 BTC (about $20.08 million) from Binance just minutes ago.

This move follows an earlier transfer of 492 BTC, valued at roughly $31.06 million, to the same address. Altogether, the wallet has now built up a total holding of 820 BTC, worth nearly $51.99 million, all within the past 24 hours.

Source: Onchain Lens