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Published 15 hours ago

Bitcoin Transfer of $5.4M Executed for Just 593 Satoshis Signals Low Network Congestion

Bitcoin Transfer of $5.4M Executed for Just 593 Satoshis Signals Low Network Congestion
Bastian Riccardi · pexels

A large Bitcoin transaction carrying 84.25 BTC, valued at approximately $5.4 million, was processed on the blockchain on August 12, 2026. Confirmed in block 962123, the transfer was executed with a transaction fee of just 593 satoshis. This remarkably low fee…