This morning, one of the largest transactions in recent months worth over a billion dollars was made from an unknown wallet in the Bitcoin blockchain.
On September 6, 2019, at about 6:30 a.m., an unknown sender completed a transaction of 94,504 BTC. Information about this appeared on Twitter Whale Alert. In the evening, bitcoin began a large-scale correction that interrupted the growth wave that began on August 29.
In the comments, users immediately rushed to associate this event with the upcoming launch of the Bakkt platform Bitcoin futures platform. For example, mathematician Musa Shamaev believes that these are deposits for Bakkt wallets. Others suggested that it was connected with the system configuration of the new platform.
Bakkt representatives have already confirmed that they began to accept deposits in bitcoins, but do not comment on the situation with this transaction and the receipt of large deposits.
Deliverable futures for Bitcoin on the Bakkt platform will be launched in the second half of September. ICE (operator of the New York Stock Exchange) has received permission from the New York State Department of Financial Services.
TokenAnalyst, an analytical company, tracked the way Bitcoins moved to the mentioned transaction and found out that at least a third of the BTC from this transfer are connected to the Huobi Global exchange.
Huobi also has no comments yet. It is possible that in this way the exchange transfers client funds between its wallets.
Another point is noteworthy: the sender chose an extremely high commission – 480 Satoshi per byte, which cost him about $ 700. In the current state of the network, only 21 satoshi per byte would be enough to include a transaction in the next block. An unknown sender overpayed about 20 times, although he could have paid only $ 35.
The last known major transfer of such a volume was the transaction of the cryptocurrency exchange Binance, which transferred bitcoins in the amount of $ 1.26 billion from one wallet to another. The amount of commissions was only $ 124.6.