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Crypto Trader Moves $1.1 Billion Worth Of Bitcoin, Setting New Record High

Emily Mason

Summary: An anonymous Bitcoin trader has moved $1.14 billion worth of Bitcoin as the currency's price continues to circulate near $13,000. The transaction amounted to more than 88,857 BTC and cost the trader $3.58 in fees, according to on-chain data. The coins were confirmed in block 654,364 on Oct. 26. This transaction marks the largest movement of any ...

An anonymous Bitcoin trader has moved $1.14 billion worth of Bitcoin as the currency's price continues to circulate near $13,000.

The transaction amounted to more than 88,857 BTC and cost the trader $3.58 in fees, according to on-chain data. The coins were confirmed in block 654,364 on Oct. 26.

This transaction marks the largest movement of any cryptocurrency by fiat value. Crypto exchange Bitfinex set the previous record in April transfering $1.1 billion worth of crypto, 161,500 BTC,  for a $0.68 fee.

By Emily Mason

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