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4 biggest Bitcoin transfers ever

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Tokeneo
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3 min reading

The number of cryptocurrency transactions is now much higher than in previous years. This is due to from greater public interest and perhaps greater trust in P2P (peer-to-peer) networks, which ensure transparency and, at the same time, anonymity of transactions. Growing confidence in the world of virtual currencies makes people more willing to make bigger deals.

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the largest Bitcoin transfers

In retrospect, it can be concluded that one of the first bitcoin transactions can be considered the largest in its history today as a payment for ... pizza! On May 22, 2010, Laszlo Hanyecz bought a pizza for 10,000 BTC, which today would be around $ 110 million! It is a very memorable transaction due to the fact that this transaction perfectly reflects the value of Bitcoin in previous years. It should be mentioned that back then it was the equivalent of two pizzas which were worth $ 30 in total. Paying for pizza has become one of the most famous transactions in the world, and consequently there was also a day named after this, 'Pizza Bitcoin Day'.

The most valuable cryptocurrency wallets

However, when focusing on the transactions here, which were actually made in historical values for this market, it is worth looking at the graph showing the 4 portfolios of users with the largest transactions recorded.

Source: www.bitinfocharts.com

The largest transactions recorded

The first one should indicate the largest transaction in history, which was over $ 1 billion. This is undoubtedly the most mysterious and interesting transaction in the entire cryptocurrency market, which has generated a lot of interest. This value arouses the interest of not only users, but also people who are not interested in cryptocurrencies on a daily basis. Many questions arise who made such a transaction and what it was about.

As indicated on September 24, 2020, Bitcoin Block Bot on Twitter, which informs about the largest transactions made by Bitcoin owners. According to the information provided, one of the large transactions is the transfer of 15,987 BTC, the value of which at that time was 166 million dollars.

Another noteworthy move is the one made online on September 4, 2020, worth 60,000 BTC, with an estimated value of $ 641 million.

The third impressive amount, and one of the largest in total, is the one recorded on June 27 with a value of almost $ 1 billion.

The values presented in this manner only indicate the increasing trust that Bitcoin users have in their hands. It is worth emphasizing that such large virtual coin transfers arouse interest among the entire community in the world. Consider that all these giant cryptocurrency transactions have definitely changed the course of the history of cryptocurrency development. Were it not for such huge transactions at the beginning of Bitcoin's existence, perhaps the cryptocurrency market would not have developed as fast as it is now.

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