The 10 Largest Cryptocurrency Transactions in History
The world of cryptocurrencies always surprises with gigantic transactions, moving billions of dollars in seconds. Some of these transfers are part of legitimate exchange operations, while others raise suspicions of whales moving funds or even illicit activities. In this article, we will explore the 10 largest transactions in cryptocurrency history and understand their impact on the market.
1. The Largest Bitcoin (BTC) Transaction
In October 2020, a wallet moved 88,857 BTC, valued at approximately $1.15 billion at the time. The transaction occurred with a fee of only $3.54. Many speculated that this amount was linked to Bitfinex or another major exchange.
2. Transfer of 500,000 BTC
One of the oldest and most impressive transactions happened in November 2011, when 500,000 BTC were transferred in a single move. At the time, these bitcoins were worth around $1.3 million. Today, this amount would exceed $20 billion.
3. 161,500 BTC Leaving Binance
In 2022, Binance transferred 161,500 BTC between its own wallets, equivalent to over $3 billion. Internal exchange movements like this are common but always attract market attention.
4. Record Ethereum Transaction
In 2021, a wallet transferred 500,000 ETH, equivalent to approximately $1.2 billion at the time. This sparked speculation about institutional liquidations and fund portfolio reorganization.
5. Tether (USDT) and Its Mega Transfers
On multiple occasions, the stablecoin USDT has recorded transactions exceeding $1 billion. One of the largest occurred in 2022 when $2 billion in USDT were moved between Tether wallets.
6. The Largest Dogecoin (DOGE) Transaction
During the Dogecoin hype in 2021, a wallet moved 4 billion DOGE, valued at about $1.2 billion. The community speculated whether Elon Musk or a major exchange was behind this movement.
7. A Transfer of 693,000 BTC
In 2013, a transaction of 693,000 BTC was recorded, but it occurred in multiple parts. However, this volume was the largest ever recorded in a short period.
8. Ethereum Foundation and the 100,000 ETH Transfer
The Ethereum Foundation transferred 100,000 ETH in 2021 to an unknown wallet. The transferred amount exceeded $300 million.
9. Whale Moving $1.1 Billion in XRP
An XRP whale moved $1.1 billion in a single transaction in 2022. This led to speculation about institutional fund reorganizations.
10. The 96,000 BTC Movement from Mt. Gox
In 2023, Mt. Gox, a defunct exchange, moved 96,000 BTC to recovery addresses. This caused fear in the market, with traders anticipating a possible massive liquidation.
How to Monitor Large Transactions on Blockchain?
If you want to track large movements in the crypto world and not miss market opportunities, tools like FindWhale are essential. FindWhale monitors significant transactions in real-time and sends alerts to Telegram and Discord, allowing traders and analysts to react quickly to major player movements.
Whales will continue to move billions, and staying alert to these transactions can make a difference in your strategy. Want to know when the next big transfer will happen? Follow FindWhale and stay one step ahead of the market.
