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The largest transaction in the history of Bitcoin in the value of dollars barely cost $ 0.70 to carry out

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Some time ago, the largest transaction in terms of dollar value it was realized on the Bitcoin blockchain.

It was a transaction that involved 161,500 BTC, for value of over $ 1.1 billion.

It was actually just one BTC transfer between two wallets owned by the Bitfinex exchange, as revealed by the same CTO of Bitfinex, Paolo Ardoino.

In fact, when examining the transaction in the explorerIt can be seen that the moved 161,500,99956979 BTCs were sent from one address to two other addresses, one of which is the same address as the sender.

In fact, 15,000 BTC were sent to another address, while the remaining 146,500,99956979 BTC were sent to the same address as the sender.

According to Ardoino's statement, it was only a matter of transferring 15,000 BTC to cold wallet, while the rest remained in the same direction.

In any case, the fee for this transaction was only $ 0.70, which is absolutely insignificant compared to the transferred value.

Given the current exchange rate, this would be the largest BTC transaction ever made in all the story of Bitcoin in terms of dollar value.

The previous record in this regard dates back to September 2019, when around $ 1 billion in BTC moved.

Considering, instead, the largest transactions in terms of volume of BTC moved, the largest was the November 16, 2011, when up to BTC 500,000 was transferred.

However, at that time bitcoin's dollar value was so low that the volume of that transaction was only $ 1.3 million, just over a thousandth of the Bitfinex transaction.

In November 2013, the second largest bitcoin transaction was made, when almost 195,000 BTC were transferred.

At that time, the value of bitcoin had already grown a lot, so the dollar volume was approximately $ 149 million, more than a tenth of the Bitfinex transaction.

In March 2014 the third largest bitcoin transaction (180,000 BTC) took place, and in January 2019 the fourth was executed, with 130,000 BTC that at that time were already worth about 475 million dollars.



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