A transaction worth 47,835 BTC was seen on the bitcoin network. It cost only $1.44.
Bitcoin Block Bot noticed the transaction. The transfer was equal to $417 million. Bitcoins were received at the address taking 16th place in the total amount of funds.
It is noteworthy that the commission for the transfer of such an impressive amount was only 0.0001608 BTC ($1.44).
The owner of the wallet is unknown. A Twitter user believes the address may be related to the Bittrex crypto exchange:
It's possible that massive transactions like these are done to manipulate the on-chain volume metrics (such as dollar transaction value). @nic__carter might know a bit more here than I do. H/T @crypto_iso— Larry Cermak (@lawmaster) December 6, 2019
Recall that in October 2019, a transaction of 112,027 BTC was carried out on the network (more than $930 million at that time). At that time, the commission was $3.89.