An anonymous Bitcoin wallet was charged a minuscule fee while transferring over $2 billion worth of BTC on Monday night.

Despite 44,598 BTC being moved, a mere 0.00001713 BTC fee was incurred – amounting to less than a dollar.



Bitcoin’s average transaction fee spiked to over $60 when it hit an all-time high above $64,000 in April. The average cost fell to $11 in July and is now at an average of under $3 at time of writing.


Source: BitInfoCharts

This is in comparison to Ethereum (ETH) transaction fees which spiked at a high of $71.72 in May, falling to its current level at an average of $5.12.

While nominal fees are the standard, exorbitant amounts have also been known to occur. Last December one holder paid $82,000 in fees to send just $1.18 of BTC.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/rangizzz

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