On 2024-03-30, a significant transaction in the cryptocurrency market occurred when an unidentified buyer purchased 15,519 Bitcoin at a price of $70,000 each, totaling approximately $1.1 billion. This transaction was executed on the Bybit platform at 9:29 am GMT. The remarkably low transaction fee of $17 associated with this massive purchase has sparked speculation and interest within the crypto community. Following this event, the price of Bitcoin experienced a notable increase, rising back over $71,000 by 2024-03-31. This surge has led to speculation about potential new all-time highs and discussions regarding the buyer's identity, with some suggesting involvement by a nation-state or wealthy entities from countries like Qatar or Saudi Arabia.
Bitcoin back to $71,000!!! New ATH incoming! https://t.co/2ZJ2nHQNi7
JUST IN: Bitcoin rises back over $71,000
JUST IN: $71,000 #Bitcoin
Someone just aped a 15519 #bitcoin buy order totalling more than $1.1B 👀 BTC @ 70k, we are so early.. https://t.co/6uWwhjXEpj
🚨BREAKING 🚨 SOMEONE JUST BOUGHT A MASSIVE $1.1 BILLION WORTH OF #BITCOIN AT AN AVERAGE PRICE OF $70,000 PER $BTC AND TRANSACTION FEE WAS JUST $17. THIS IS GIGA BULLISH 🔥
Which one of you guys did this? Bought over a billion dollars worth of #bitcoin Seems like someone thinks its value will go up. Whoever it is look at how much this cost them to move this much money. Around $88.00. https://t.co/ncM4HXakM4 https://t.co/76VBTo4kcJ
Someone just bought 15519 #Bitcoin at $70,000 for $1.1 Billion🔥 What does he know?👀 https://t.co/vTTeEzWMBz
Someone just sent $1.08 Billion #Bitcoin for only $17. Try that with gold! https://t.co/wF04xz5JZq
Did someone just buy one BILLION of #Bitcoin paying USD 17? https://t.co/wd3w9pe9Mi
Someone just bought $1.1 Billion worth of Bitcoin at $70K
$1.1B Bitcoin buy for *checks notes* $17 in fees https://t.co/VJZh4jVxlo
Someone just bought $1.1 Billion worth of #Bitcoin at $70K. Another Nation State Buying? 👀 https://t.co/YkqtXPdnC2
Who would buy $1.1 billion worth of #Bitcoin at $70,000? Qatar? Saudi? This is probably some pennies for them https://t.co/FE9iA2ARm1 https://t.co/5aTvVFmy5n
Someone bought 15519 Bitcoin at $70,000 for $1.1b on @Bybit_Official at 9:29am GMT 👀 https://t.co/VrpgbbrRby https://t.co/1nCXwTfR9p