CNN, citing Twitter Antoine Le Calvez, reports that a user who wished to remain anonymous transferred 664,000 BTC to Bitcoin Gold. It is not yet clear how this will affect the rate of these cryptocurrencies.
The situation happened on February 21, just on that day there was a sharp increase in user activity on the network.
According to experts, the hodler most likely decided not to activate his tokens after the hard fork in October and decided to transfer 664 thousand tokens to another wallet just now.
According to Antoine Le Calvez, the funds were transferred from a wallet serviced by the Xapo service.
The current price for 1 BTG is $125, the total capitalization of the currency is more $2 billion. After a calculation, it becomes clear that 664,000 coins are worth $83 million. If you look at the percentage, then 664,000 BTG is equal to 3.9% of the total capital of Bitcoin Gold.
Whether this situation will affect the price of the cryptocurrency will become known later. Follow the news
According to https://bitexpert.io
You May Also Like
BCex will add Gemini Dollar and Paxos Standard stablecoins
BCex, a Chinese cryptocurrency exchange based in Vancouver, Western Canada's largest city, announced the addition of two new stablecoins Gemini Dollar (GUSD) and Paxos Standard (PAX).
Spendbch.io launches open source application to test the BCH network
The maximum block size on the Bitcoin Cash blockchain is 32 MB, which is significantly larger than the block size of most modern blockchain networks. This large block size will increase BCH throughput. Until May of this year, the BCH blockchain consisted of 8 MB blocks. Now community members want to test the network by sending a huge number of transactions on the BCH blockchain over a 24-hour period.
