March 5, 2021

A $ 1.1 billion transaction was made in Ethereum

Famed Ethereum (ETH) developer Kein Warwick, founder of the DeFi (DeFi) Sуnthetix Network, announced that today we have become the witnesses of the largest transaction on Ethereum for the day.

With this, Wopwick shared a tweet from the automated service SNX Whale Watch, which monitors major transactions, about January 15, 2021.


The upcoming operator of the Ethereum (ETH) network Etherscan showed the following details: the transfer of 74,580,269 SNX for an amount of $ 1,129,145,279 was included in the block of Ethereum 11657482 at 4: З1 in the morning.

It was confirmed within 30 seconds, the commission was 0.0061254 ether ($ 7, 36). The shipper has set the price for 60 Gwei gas.

The Ethereum (ETH) community is impressed by this transaction, confirmed at 0.00000065% of its value. General Director Compound (COMP) Pobert Leschner called this an epic event.

During the last month, network chargesEthereum (ETH) grew quickly due to heavy network overload. For example, during the most active days, the DeFi madness in the Ethereum (ETH) commission reached a three-year maximum, exceeding $ 15 (mid-range).

Ten days ago, when Ethereum (ETH) surpassed $ 1,000, the block is overloaded again, because of what the usual daily cost of Gwei. 569.

It is worth noting that in 2020, for the first time in its history, Ethereum (ETH) surpassed Bitcoin (BTC) by the co-branded network comission.

According to the data of the network analysts of Glassnode, in the year of the year, Ethereum (ETH) fees have grown by 1700%.