Whale Alert has shared data on 25,000 BTCs transferred between cryptographic exchanges and anonymous wallets. The minimal fees charged for this were these banks couldn’t afford to take
Whale Alert has shared data on a dozen transactions showing that a total of 25,000 BTC have been moved through digital exchanges and wallets with anonymous owners. This amount in crypto represents 172,534,000 USD.
The main cryptographic exchanges involved in these transactions are Binance and Bitfinex, as well as OKEx.
The largest transactions on this list were 5,000 BTC and 2,500 BTC.
Details of these transactions show that the fees charged for transferring parts of this gargantuan amount were minimal, such as $ 0.47 to send 2,500 BTC – $ 17,235,550.
Friday, the trader BTC_Macro posted a tweet, stating that a colossal amount of BTC (worth $ 1.1 billion) had been moved for a small fee of just $ 0.69.
“A value of $ 1.1 billion BTC has just been moved for costs of $ 0.69. No bank or third party had to approve the transaction, and no government could have stopped the transfer. Bitcoin is literally a Swiss bank account in your pocket! “
Regarding the speed of this transaction, he said it represented “0.1% of the duration of a bank transfer.”