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Cryptowhale moves 20,000 Bitcoins worth $525 million

Move more than $500 million in a single transaction?

By Mike Hesp
• 1 min read
Cryptowhale moves 20,000 Bitcoins worth $525 million

Move more than $500 million in a single transaction? That's exactly what happened May 25 on the Bitcoin blockchain.

On May 25, 2023, a transaction worth more than half a billion dollars took place on the Bitcoin blockchain. According to data from the blockchain analysis service Whale Alert moved 20,054 Bitcoin in a single transaction.

The transaction fee was 0.00530 BTC or 139 US dollars. The owners of the wallets on which the Bitcoin transaction took place are both unknown.

In recent days, there have been repeated major movements been on the Bitcoin blockchain.

At the time of writing, the cryptocurrency is trading at US$26,514. The market capitalization is US$514 billion. Learn more about Bitcoin's market situation and development in our blog.

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