It has been an eventful week around the world, amid the commotion caused by the Coronavirus and the proximity of Halving on the Bitcoin Blockchain. Reason why, sometimes we can leave out news that also deserve to be commented. As is the case of the largest Bitcoin transaction in history, carried out by Bitfinex, as confirmed by Paolo Ardoino in our Tweet of the day:
A Bitcoin transaction that makes history
These are difficult days for all humanity, when our society faces a common enemy in the figure of the Coronavirus. Disease that in the last three and a half months, has caused thousands of unfortunate deaths worldwide. While governments are trying with all their might to face the health crisis, without breaking their economies.
In the case of the crypto world, to this event that has already caused serious consequences in the Bitcoin market, and by extension in the cryptocurrency market in general, the proximity of Bitcoin’s Halving would be added. Which raises positive expectations in practically all cryptoactive users.
So in the midst of this relentless flow of news about the Halving and the Coronavirus, it is normal for other major events to go unnoticed. As is the case with the transfer of 161,500 Bitcoins, equivalent to $ 1.1 billion, on April 10, executed by a commission of only 0.00010019 BTC or $ 0.68.
In this way, it became the largest Bitcoin transaction in history in terms of its dollar value. First noticed by Twitter user Krisma, who wrote: “Someone just moved 146,500 BTC ($ 1B) in a transfer”. To which Paolo Ardoino, CTO of Bitfinex, replied:
“Yup, we filled a 15K hot wallet, the rest went back to the original address.”
This being confirmed later by the Bitcoin Blockchain records. Which shows that, after 161,500 BTC were transferred to an address, 146,500 returned to the original wallet, being this second operation what Krisma perceived. Thus generating an interesting record in the crypto world, just before an event like Bitcoin’s Halving.