Whale alert: crypto user moves $1.1B in Bitcoin
27 Oct 2020 #Bitcoin
An anonymous crypto holder just completed the largest dollar value Bitcoin transaction in history. With Bitcoin's price continuing to hold close to $13,000, one crypto wallet has moved more than $1 billion of the digital asset.
According to on-chain data, a Bitcoin (BTC) wallet holder moved more than 88,857 BTC — worth roughly $1.15 billion — for a fee of only 0.00027847 BTC, or $3.58 at time of publication. The coins were confirmed in block 654,364 on Oct. 26.
Data from analytics platform CrystalBlockchain appears to show that the user sent the coins from an address labeled as a Xapo Bitcoin wallet. Because Coinbase Custody acquired Xapo’s institutional business in 2019, it is possible that the $1.1 billion in Bitcoin originated from the U.S.-based exchange.
This transaction is the largest movement of any cryptocurrency by fiat value, with the Bitfinex exchange setting the previous record in April. It transferred 161,500 BTC — $1.1 billion at the time — for a fee of only $0.68.
Neither of these transactions were actually the largest amount of Bitcoin to ever be moved. That honor goes to a 550,000 BTC transaction made on November 16, 2011 by the Mt. Gox exchange. Worth $1.32 million at that time, that amount of Bitcoin could be liquidated for more than $7 billion today.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | Volume 24h | |
| 1 |  BTC |
Bitcoin predictions | 82.4% | 35 | $43 287.80 | 2.05% | -8.49% | $814 966 927 933 | $32 680 812 854 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 72.8% | 49 | $3 010.99 | 3.55% | -9.89% | $354 338 554 947 | $21 802 081 769 | |
| 3 |  ADA |
Cardano predictions | 60% | 80 | $2.27 | -3.89% | -2.90% | $72 613 126 112 | $5 577 581 472 | |
| 4 |  USDT |
Tether predictions | 94% | 1 | $1.000700 | -0.08% | -0.03% | $68 590 944 713 | $79 368 686 289 | |
| 5 |  BNB |
Binance Coin predictions | 66.8% | 69 | $346.18 | -1.47% | -14.62% | $58 205 321 046 | $1 873 086 247 | |
| 6 |  XRP |
XRP predictions | 70.4% | 52 | $0.947086 | 0.59% | -10.97% | $44 245 636 148 | $3 503 428 805 | |
| 7 |  SOL |
Solana predictions | 66.8% | 72 | $137.06 | -1.92% | -13.76% | $40 744 147 032 | $2 455 458 712 | |
| 8 |  USDC |
USD Coin predictions | 95.2% | 1 | $1.000483 | -0.05% | -0.03% | $31 006 963 781 | $3 830 168 851 | |
| 9 |  DOT |
Polkadot predictions | 67.6% | 69 | $29.44 | -3.25% | -12.15% | $29 070 856 010 | $2 592 379 334 | |
| 10 |  DOGE |
Dogecoin predictions | 64% | 77 | $0.205929 | -0.86% | -12.64% | $27 068 780 737 | $1 515 174 486 | |
| 11 |  AVAX |
Avalanche predictions | 56.8% | 87 | $68.09 | -3.41% | -4.08% | $14 998 710 235 | $1 234 318 562 | |
| 12 |  LUNA |
Terra predictions | 68.4% | 59 | $36.34 | -4.22% | 4.95% | $14 536 281 852 | $1 625 437 616 | |
| 13 |  UNI |
UniSwap predictions | 64.8% | 74 | $23.42 | 20.32% | -1.22% | $14 325 624 849 | $1 167 934 535 | |
| 14 |  BUSD |
Binance USD predictions | 92.4% | 1 | $1.000303 | -0.07% | -0.05% | $13 693 477 670 | $5 597 328 153 | |
| 15 |  LINK |
Chainlink predictions | 67.6% | 70 | $25.06 | 10.18% | -9.97% | $11 403 176 618 | $2 018 605 273 |
