Bitcoin whale moves $468M BTC fortune for less than $400

posted 10 months ago
A Bitcoin whale moved nearly half a billion US dollars worth of Bitcoin ($468M) and they paid just a few hundred bucks to do so. Earlier today, an unknown Bitcoin hodler shifted 49,755.64 BTC ($468.5 million) in a single transaction, which was included in block #587601.

The Bitcoin network charged just $374.98 to facilitate the transfer, demanded no identity documentation or permission, and asked minimal trust. Four hundred dollars is certainly higher than some of the fees recently paid by other whales, but still significantly lower than costs associated with traditional finance.
Tags: bitcoin, blockchain, news