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Bitcoinist
2019-07-29 20:29:02

Bitcoin Whale Transfers $468 Million for ‘Low Dollar Fee’

Bitcoin takes a lot of criticism over its ‘unsuitability’ as a payments mechanism but when it comes to low fee transfers the digital-asset is king when compared to the fees charged by traditional remittance houses. Owner 26 Transfers $468.5 Million for How Much? On Monday, Whale Alert, a cryptocurrency transaction tracking bot, tweeted that a Bitcoin whale known as ‘Unknown Owner 26’ moved $468.5 million worth of Bitcoin (49,756) for just $374.98. While transfers ofRead MoreThe post Bitcoin Whale Transfers $468 Million for ‘Low Dollar Fee’ appeared first on Bitcoinist.com.