Advertisement
AD

Main navigation

Advertisement
AD

Crypto Whale Shifts $576 Million in Bitcoin for Just $10 Fee

Advertisement
Thu, 21/01/2021 - 9:21
Crypto Whale Shifts $576 Million in Bitcoin for Just $10 Fee
Cover image via stock.adobe.com
Read U.TODAY on
Google News
Advertisement

A crypto whale has shifted 17,282 Bitcoins for a tiny fee.

$576 million in Bitcoin transferred

Less than an hour ago, a mammoth-sized Bitcoin transaction was observed as a crypto whale transferred an eye-popping $576,925,006 in the world's largest digital currency between anonymous wallets.

The fee charged for that transaction totaled only $9.72; not a single bank would offer such a low fee for a transaction as large as that.

Article image
Image via Blockchain.com

At press time, Bitcoin is changing hands at $33,502 after reaching an all-time high close to the $42,000 level on Jan. 8, according to CoinMarketCap. This is twice as big as the ATH hit by the flagship cryptocurrency in December 2017.

Advertisement

For the past two weeks, Bitcoin has been in decline.

Related

Bitcoin liquidity crisis expands

As reported by Glassnode earlier, Bitcoin sees a rising liquidity crisis as large amounts of BTC are being withdrawn from exchanges to cold storage wallets. According to data from the analytics company, over the past 30 days, approximately 270,000 Bitcoins have passed from weak hands to long-term hodlers.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD