The Bitcoin Whale transferred almost 50,000 BTC for less than $ 2

The Halving Bitcoin event has come and gone, and whales in the cryptocurrency space continue to move colossal amounts of BTC.

One of the reasons the community loves Bitcoin and kriptovalutite as a whole is the ability to move huge amounts of money from absolutely anywhere in the world to any destination without having to deal with the banking infrastructure needed to transfer funds.

Bitcoin Block Bot announced that today someone transferred 47,835 BTC. This amount of BTC totals $ 419,433,065.

The deal requires five confirmations from the diggers, and the fee charged for the transaction is only $ 1.78 (0.00020160 BTC).

Now that the biggest Bitcoin event took place on Monday, May 11, and the miners’ rewards have dropped to 6.25 BTC from 12.5 BTC, the new bitcoins will be injected into the market at half the rate at which they flowed. before the event that will make BTC a more scarce asset.

However, demand remains and many cryptocurrencies and financial experts expect it to continue to grow. This is expected to raise the price of BTC to a ‘modest’ level of $ 50,000 or even $ 250,000 over the next two to three years.