Leading cryptocurrency tracking service Whale Alert has published a post, reporting that anonymous cryptocurrency whales had made a transfer of 7,221 Bitcoins [BTC].
Another recent amount of transferred BTC equals an amount almost 2x times than that: 13,187 BTC.
The fees paid by the senders of that jaw-dropping amount of funds are tiny compared to what banks would have charged for the same amount.
The two transactions together account for a whopping 395,857,505 USD: 7,221 BTC & 13,187 BTC.
The fee paid to send the smaller BTC amount was 0.00111000 BTC [that is $3.97 USD]. As for the second transfer of $253,502,931 in BTC, the sender had to pay 0.00111000 BTC [$21.34 USD].
In the comment thread to the primary transfer on Whales Alert, a user suggested that this might be a big purchase made by Grayscale recently on Thursday.
As reported by U.Today on Thursday, Grayscale Investments fund, under the leadership of Barry Silbert, had acquired 2x times as Bitcoin [BTC] in November than was mined during that month.
The amount of BTC obtained by the cryptocurrency hedge fund totals 55,015 BTC, consistent with Coin98 Analytics firm – which is $1,068,127,228 USD.
As per data provided by another company, miners in November produced 27,881 BTC, or $538,973,187 USD.
Just earlier to that, Grayscale revealed that it had over 10 Bln USD in crypto assets under its management.
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