Skip to content

User moved more than $ 1.1 billion in bitcoin

October 26, 2020

With the price of Bitcoin close to $ 13,000 An anonymous trader decided it was time to get more than $ 1 billion out of the digital asset.

According to the chain data, A bitcoin trader (BTC) moved more than 88,857 BTC valued at around $ 1.14 billion for a commission of just 0.00027847 BTC, or $ 3.58 at press time. The coins were confirmed in block 654,364 on October 26th.

That transaction is the move largest of all cryptocurrencies by fiat value, With Bitfinex set the previous record in April. They transferred 161,500 BTC, then $ 1.1 billion. for a commission of only $ 0.68.

User moved more than $ 1.1 billion in bitcoin
User moved more than $ 1.1 billion in bitcoin

None of these transactions were actually the largest amount of bitcoin ever moved. This award goes to a 550,000 BTC transaction carried out on November 16, 2011 by the Mt. Gox exchange. Valued at USD 1.32 million at the time That amount of Bitcoin could be liquidated for more than $ 7 billion today.

This story is in progress and will be updated.