April 25, 2024

A $ 1.3 billion transaction was made on the bitcoin network

06/11/2020

ForkLog

A $ 1.3 billion transaction was made on the bitcoin network

A $ 1.3 billion transaction was made on the bitcoin network

On the night of Thursday, June 11,an unknown user moved 132,255 bitcoins in just two minutes. At the current exchange rate, the amount is about $ 1.3 billion.

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According to the blockchain explorer Blockchain.com, the transfer was split into three transactions of 44,085, 44,235 and 43,935 BTC. The total commission was only $ 1.9.

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The transfer of such a large amount aroused great interestin the cryptocurrency community. One Reddit user suggested that the transaction could be linked to Coinbase's custodian division. This theory has been challenged as there is no connection between the sender's wallet and the exchange.

Another user joked that this wayThe US Tax Service pays Coinbase for a cryptocurrency transaction tracking tool. Plans to sell the corresponding software became known last week.

A $ 1.3 billion transaction was made on the bitcoin network

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Recall that in April, the Bitfinex cryptocurrency exchange at that time carried out the largest transaction in dollar terms in the history of bitcoin in the amount of 161,500 BTC, or about $ 1.1 billion.

The largest Bitcoin transaction took place on November 16, 2011. Its size was 500,000 BTC, which at that time was equivalent to $ 1.32 million, or about $ 4.9 billion at today's prices.

In October 2019, a transaction was made in the bitcoin network for 112,027 BTC (more than $ 930 million at that time). At that time, the commission was $ 3.89.

In September last year, they conducted a transaction for 94,504 BTC, which exceeded $ 1 billion at the exchange rate at the time of the transfer. The commission was unusually high at $ 700.

In June 2019, the Binance exchange moved bitcoins by $ 1.26 billion.The commission then amounted to $ 124.6.