May 20, 2024 3:09 AM | 2 minute read
Huge fund transfer exceeding $1 billion Bitcoin (CRYPTO: BTC) was made possible by paying a fraction of the fees, garnering market attention and leading to debate over the nature of the transfer.
what happened: Famous Bitcoin influencers with social media posts about X Vivek highlighted a trade that showed the movement of 16,445.82 units of Bitcoin worth $1.1 billion at current market prices.
What's interesting is that the transfer was made after paying only about $7.30 in transaction fees.
The sheer scale of the transfer left on-chain observers in awe, with Vivek predicting it was a nation-state takeover.
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