CryptocurrenciesPremiumBitcoin Network Settles $2.3M Transaction for Under a Dollar as On-Chain Fees Bottom Out
On-chain data from July 19, 2026, reveals a highly optimized Bitcoin transaction that underscores the current state of network congestion and liquidity velocity. A single transaction confirmed in Bitcoin block 958714 moved 35.13 BTC, valued at approximately $2.3 million, for a transaction fee of just 564 satoshis. This transfer highlights how large-scale capital allocators can move millions of dollars globally for mere pennies when network demand permits.







