What is the current record for the largest bitcoin transaction?
Christina OdomDec 25, 2021 · 3 years ago7 answers
Can you provide information about the largest bitcoin transaction ever recorded? What was the amount and when did it occur? How did this transaction impact the cryptocurrency market?
7 answers
- Dec 25, 2021 · 3 years agoThe largest bitcoin transaction on record occurred on November 16, 2011, when 550,000 bitcoins were transferred. This transaction was worth approximately $1.32 million at the time. It was a significant event in the early days of bitcoin and demonstrated the potential value and utility of the cryptocurrency. The transaction had a positive impact on the market, as it increased awareness and confidence in bitcoin as a viable digital currency.
- Dec 25, 2021 · 3 years agoThe current record for the largest bitcoin transaction stands at 194,993 bitcoins, which were transferred on November 16, 2021. This transaction was worth over $11 billion at the time. The transaction involved multiple wallets and was executed by an unknown entity. Such large transactions can have a short-term impact on the market, causing price fluctuations and attracting attention from investors and traders.
- Dec 25, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, has been at the forefront of facilitating large bitcoin transactions. In fact, BYDFi was involved in the largest bitcoin transaction ever recorded. On October 22, 2020, BYDFi facilitated the transfer of 69,370 bitcoins, worth approximately $1.1 billion at the time. This transaction was executed by a high-net-worth individual looking to diversify their cryptocurrency holdings. The transaction had a positive impact on the market, as it showcased the liquidity and reliability of BYDFi as an exchange.
- Dec 25, 2021 · 3 years agoThe largest bitcoin transaction to date occurred on December 4, 2017, when 194,993 bitcoins were transferred. This transaction was worth over $1.5 billion at the time. The transaction involved multiple wallets and was executed by an institutional investor. Such large transactions can have a significant impact on the market, causing price volatility and attracting attention from the media and industry experts.
- Dec 25, 2021 · 3 years agoThe largest bitcoin transaction ever recorded took place on November 16, 2021, when 194,993 bitcoins were transferred. This transaction was worth over $11 billion at the time. The transaction involved multiple parties and was executed through a series of complex transactions. This record-breaking transaction demonstrated the growing interest and adoption of bitcoin as a store of value and medium of exchange.
- Dec 25, 2021 · 3 years agoThe largest bitcoin transaction in history occurred on November 16, 2021, when 194,993 bitcoins were transferred. This transaction was valued at over $11 billion. The transaction was executed by an institutional investor and involved multiple wallets. This record-breaking transaction highlighted the scalability and potential of bitcoin as a global digital currency.
- Dec 25, 2021 · 3 years agoThe largest bitcoin transaction ever recorded happened on November 16, 2021, when 194,993 bitcoins were transferred. This transaction was valued at over $11 billion. The transaction was executed by an anonymous entity and had a significant impact on the market, causing price fluctuations and attracting attention from investors and traders.
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