crypto exchangeWagner Group founder Prigozhin may hold nearly 100,000 BTC

Wagner Group founder Prigozhin may hold nearly 100,000 BTC

According to foreign media reports, Prigorzhin, the founder of the Russian private military contractor Wagner Group, controls one of the largest cryptocurrency wallets. The wallet is said to hold about 100,000 bitcoins (worth about $2.6 billion at current prices), about 70 percent of which are stored in cold storage, with the remainder appearing to be held on cryptocurrency exchanges Binance and BTC-W between.

To put that in perspective, the third-largest Bitcoin wallet currently holds 118,300 BTC, and the fifth-largest wallet holds 94,643 BTC. So if Prigorzhin does hold 100,000 bitcoins, he would be among the top five bitcoin holdings.

While there is no concrete evidence that Prigozhin was involved in cryptocurrency transactions or had such a large wallet, circumstances suggested his potential interest in digital assets, the report said.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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