- A Bitcoin whale has moved over $2 billion of the largest cryptocurrency in a single transaction.
Despite failing to reach new highs, the Bitcoin blockchain is seeing massive Bitcoin transfers. According to the Bitcoin Block Bot, a crypto whale has moved 95,510 Bitcoin, worth nearly $2 billion at the time, in a single transaction.
While large Bitcoin transactions aren’t a new phenomenon on the Bitcoin blockchain, a $2B transaction is one of the largest on record. Moreover, the transaction only cost 0.00147700 BTC (~$35) in fees to send.
Altcoin Markets See Volatility
Meanwhile, crypto altcoin markets remain volatile. The third-largest cryptocurrency, XRP, has seen immense volatility, bottoming out near $0.21 and then surging to just over $0.37 on massive volume.
Meanwhile, Bitcoin dominance continues to fall from recent highs, which may bode well for altcoins as they have generally declined in value against Bitcoin amid the ongoing bull run.
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