BlockBeats News, May 22nd, according to OnchainLens monitoring, an on-chain whale is accumulating a large amount of Bitcoin. Two newly created wallets (bc1qn and bc1q0) received 500 Bitcoins each from Galaxy Digital, amounting to $38.84 million.

Another address received 809 Bitcoins from FalconX (worth $62.74 million). The whale currently holds a total of 1583.6 Bitcoins across the two wallets, amounting to $124.42 million.