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January 21, 2020

This Lone Crypto Whale Just Moved $445,000,000 in Bitcoin (BTC) for Only 23 Cents

By Daily Hodl Staff

A crypto whale is flexing its muscle after sending $445 million in Bitcoin between two wallets in a single transaction.

The lone whale moved the 51,511 BTC on Monday. The transaction fee cost 0.00002860 BTC – which amounts to just 23 cents. According to the crypto tracker Blockstream, the fee would have been 16% lower if the sender had used the Bitcoin scaling solution known as SegWit-Bech32.

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This is the second mega Bitcoin transaction in a month. A separate whale recently moved 123,447 BTC worth a mind-blowing $1.1 billion.

Whale activity has picked up in the last week as BTC grows increasingly volatile. Here’s a look at the largest Bitcoin transactions in the last 24 hours.

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Featured Image: Shutterstock/Andrea Danti