Two billion

[pooya87]

there is this service called walletExplorer which has been doing some blockchain analysis for a long time. if you search addresses in it, they can tell you which service these popular addresses belong to.

it says this address belongs to BTC-e.com which was a big bitcoin exchange back in the days before FBI closed it down.
here is the link: https://www.walletexplorer.com/wallet/BTC-e.com-old?from_address=16R14EH4v8A9GPXkAAP8gcMFBA8oxA8nbY

Yeah i was thinking that it was pretty old. But seems like they had really fishy business models to behave that.

Moving two billion in a single transaction, now that's something. I wonder if anyone would move an even larger amount in a single transaction today or especially when Bitcoin's price reach the roof again. Now that is a pretty interesting doubt i have.

i think you need to check the links first before posting a comment next time.
there was no "2 billion transfer in a single transaction", you are just making an assumption based on the title of this topic. if you go to the link posted by OP you can see that $2 billion (which OP is rounding up from $1.9) is the total received in 4333 transactions.
besides, transaction sizes this big are not uncommon for exchanges' cold storage wallets. check out Bitfinex cold storage on rich list for an example.

[Coin-1]

i think you need to check the links first before posting a comment next time.
there was no "2 billion transfer in a single transaction", you are just making an assumption based on the title of this topic. if you go to the link posted by OP you can see that $2 billion (which OP is rounding up from $1.9) is the total received in 4333 transactions.

You're right. Total received 475,363 BTC. The last transaction has been performed on July 19, 2014, transferring 9,141 BTC.

At that time, the Bitcoin price was about $650. I just calculated the entire amount in US dollars and got another result:
475,363 * $650 = $308,985,950 (~300 million dollars)

I'm realizing where the OP numbers coming from. Today's BTC price is $4000:
475,363 * $4000 = $1,901,452,000 (~2 billion dollars)

In any case, the final balance is 0 BTC, and this Bitcoin address is already empty.

[Reid]

A large possibility that is an exchange.
Question: How did you get that far?

Are you daydreaming that someday you want to have it?
They are running a business so it will just be normal.
Besides, not all of that is their property. Mostly, it would be their customer.
2 bitcoi per user could take you to that high amount.

[lyks15]

I think this is pool. This amount is too big to hit of an regular or big time investor and I think to have some money you have to invest almost 75% of that digit. And I think no one will invest even the most crazy gambler in this industry will think first before investing that kind amount of money.

[tunapa]

This wallet is likely to be that of an exchange platform , the transactions were dated back to 2014 which means they have probably stopped operations. The wallet is no longer having any balance and probably not in use anymore. That was a huge sum back then but not 2 billion as claimed.

[Kakmakr]

Total BTC Received was 475,363.75803763 BTC and that was way back in 2014 when the average Bitcoin price was about $600.   ..so the movement in that wallet was about $285 000 000 at the time.  

BTC-e exchange users were given enough time to withdraw those bitcoins when it was closed down, but having a hot wallet on an exchange with 4333 transactions, must have been risky with that amount of coins.  

[Crypto Girl]

it is a very large amount, and with such a value it will be able to influence prices in the market, but the owner has not yet known it, and it could be Satoshi Nakamoto.

Funny enough, would you just spare Nakamoto for this or better yet read the comments here before posting.

A large possibility that is an exchange.
Question: How did you get that far?

Are you daydreaming that someday you want to have it?
They are running a business so it will just be normal.
Besides, not all of that is their property. Mostly, it would be their customer.
2 bitcoi per user could take you to that high amount.

I think you're the one day dreaming.
Never heard that BTC-e exchange actually, but good thing they let their users to withdraw their money and didn't get that away or at least people should be thankful to FBI.

[aylabadia05]

I made sure that the wallet belonged to a well-known company, because in a very large fund transaction, he moved almost 2 million dollars at different times. this is a very fantastic number of transactions in 2014.

[agatha90]

It seems like he is the millionaire who invested all of his shares in crypto. And I think he has benefited a lot from buying a lot of bitcoin in the year around 2015

[Pamadar]

It seems like he is the millionaire who invested all of his shares in crypto. And I think he has benefited a lot from buying a lot of bitcoin in the year around 2015

If you take your time reading the first page of this thread and those post above you, then you'll be able to know who's the owner of that wallet, it's not an individual but a certain exchange named BTC-e which happened being accused by FBI, good thing that they've manage to allow their participants to withdraw their coins before it closes the exchange.

[xWolfx]

You're right. Total received 475,363 BTC. The last transaction has been performed on July 19, 2014, transferring 9,141 BTC.

At that time, the Bitcoin price was about $650. I just calculated the entire amount in US dollars and got another result:
475,363 * $650 = $308,985,950 (~300 million dollars)

I'm realizing where the OP numbers coming from. Today's BTC price is $4000:
475,363 * $4000 = $1,901,452,000 (~2 billion dollars)

In any case, the final balance is 0 BTC, and this Bitcoin address is already empty.

Yeah that is the reason why. In fact, the price is constantly changing but it's truth that it's now empty and that it should be calculated based on the time when the transaction was performed or executed.

Since it's empty right now we can get to that conclusion. But it's good to see things from the eyes of another person to understand their point of view and i believe that it is a really important skill. Since we human being tend to be more emotion than rational beings.

At the end it's still a pretty impressive amount. And if they kept even half of their coins it's impressive how much profit they got.

[Oceat]

2 billion!  :oThe amount is very fantastic, I have never even imagined such a value in a transaction. I think it's one of the biggest investors we've seen so far. This will be carried away on my dream tonight.

I don't think that the owner of this amount is just a one person, because we are talking here about 2 billions of dollars, which it's an extraordinary amount, also the transactions were made in 2014, so it's so old and I think it's a pool or bitmain.

It's not $2B since the date of the transaction was in 2014 and the price of Bitcoin at that time was $300 to $800 but still, it's a large amount of money if converted to fiat. Just like what they said at the top it was owned by BTC-E a famous exchange before but shut down by the government. It could be a mining pool or a backup wallet.