29 Jul Bitcoin whale moves $468 million crypto-fortune for less than $400
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A cryptocurrency whale has moved a groin-thumping Bitcoin BTC fortune worth $468.5 million — and they paid just a few hundred bucks for the pleasure.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 49,756 #BTC (468,491,827 USD) transferred from unknown wallet to unknown wallet
Tx: https://t.co/Y0Ia5t2rEA
— Whale Alert (@whale_alert) July 29, 2019
Earlier today, this unknown Bitcoin holder shifted 49,755.64 BTC ($468.5 million) in a single transaction, which was included in block #587601.
The Bitcoin network charged just $374.98 to facilitate the transfer, demanded no identity documentation or permission, and asked minimal trust.
Four hundred dollars is certainly higher than some of the fees recently paid by other whales, but still significantly lower than costs associated with traditional finance.
Let’s compare Bitcoin with a million dollars via TransferWise
Bitcoin’s fee structure is different, as the user is…
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