South Korea's Upbit hoards 16,000 Bitcoins
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币界网报道："Uncovering the Bitcoin Hoarding Strategy of Upbit, the Largest Exchange in South Korea: Extreme Bitcoin Minimalist" (Author @renorai) As of the end of December 2024, Dunamu Inc., the operating company of the cryptocurrency exchange Upbit, has rapidly accumulated 16,839 bitcoins through a de facto "regular fixed amount investment" (DCA) strategy. The funding sources of this strategy are mainly "Bitcoin spot market transaction fees" and "Bitcoin withdrawal fees."
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