Bitcoin whale moves gooch-tingling ONE BILLION DOLLARS

A cryptocurrency whale has moved a ball-twisting 94,504 BTC (worth over one billion dollars) — paying just $700 in Bitcoin BTC network fees.

Twitter-based transaction monitor @whale_alert signalled the transfer earlier today, which was included in Bitcoin block #593468.

It appears cryptocurrency exchanges do not control these wallets, as those addresses are (typically) flagged by the @whale_alert service and other blockchain explorers.

To make the transfer, this Bitcoiner requested no permission from any bank, government, or financial regulator. This transaction was essentially immune to any form of governance or state oversight.

That goes for every other Bitcoin transaction, large or small. Suck it, central banks!

TransferWise, eat your heart out.

Bitcoin whales have indeed made similarly monstrous moves recently, but not of this size.

In May, one infamous player named Loaded paid just $3.93 to send $212 million worth of Bitcoin. Two months later, another (still-unknown) identity initiated multiple $450 million transactions for just $400 at a time.

Published September 6, 2019 — 08:22 UTC

Subscribe to the E-Crypto Newsletter

Sign up to the best of Crypto, Blockchain and Future Trends news.

Invalid email address
We promise not to spam you. You can unsubscribe at any time.
bitcoin
Bitcoin (BTC) $ 32,063.00
ethereum
Ethereum (ETH) $ 1,233.67
tether
Tether (USDT) $ 1.00
polkadot
Polkadot (DOT) $ 18.18
ripple
XRP (XRP) $ 0.270241
cardano
Cardano (ADA) $ 0.345689
chainlink
Chainlink (LINK) $ 24.52
litecoin
Litecoin (LTC) $ 137.38
bitcoin-cash
Bitcoin Cash (BCH) $ 429.64
binancecoin
Binance Coin (BNB) $ 40.43