April 29, 2024

Bitfinex exchanges transaction 161,500 BTC for a commission of $ 0.68

At the end of last week, the Bitfinex cryptocurrency exchange carried out a transaction of 161,500 BTC (about $1.1 billion) for a commission of$ 0.68 to replenish your hot wallet.

According to the transaction details, the bitcoins are worthabout $1.1 billion was moved on April 10. Of this amount, 15,000 BTC were sent to the exchange's hot wallet, and 146,500 BTC were returned to the original address. Despite users' concerns, this transaction is unlikely to affect the price of Bitcoin.

The user was one of the first to notice the transactionsocial network Twitter under the nickname KRMA_0. On Sunday, Bitfinex CTO Paolo Ardoino explained that the exchange funded its hot wallet and then sent the remaining funds to the original address. At the same time, the transaction fee was only $0.68.

Last September, shortly before the fallBitcoin, an unknown sender made a transaction of 94,504 BTC for a fee of $700. However, none of these transactions broke the record for the largest transfer of 500,000 BTC (about $1.32 million at the current rate at that time), completed on November 16, 2011.

Let us also remind you that at the end of March the Whale serviceAlert reported that 5,500 BTC was transferred from an unknown address to the Binance exchange. At the time, community members feared that the transaction could lead to a drop in the price of Bitcoin.

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