Benzinga - A mammoth transfer of more than a billion worth of Bitcoin (CRYPTO: BTC), accomplished by paying a fraction in fees, grabbed the market's attention, leading to discussions around the nature of the transfer.
What Happened: In a social media post on X, well-known Bitcoin influencer Vivek highlighted a transaction showing the movement of 16,445.82 units of Bitcoin, worth $1.1 billion at current market prices.
The fascinating bit was that the transfer was performed by paying just around $7.30 as transaction fees.
The sheer size of the transfer left on-chain observers in awe, with Vivek predicting it to be a purchase by a nation-state.
Someone just bought $1.1 Billion worth of #BitcoinAnother Nation State Buying?