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High Bitcoin Fees? Binance Just Moved $550 Million for $5 Bucks

High Bitcoin Fees? Binance Just Moved $550 Million for $5 Bucks –

Bitcoin’s benefits over fiat unexpectedly hit the spotlight again May 31 after cryptocurrency exchange Binance generated a giant transaction while moving funds. Data from Whale Alerts, which monitors transactions on cryptocurrency blockchains, initially worried commentators after showing a series of transactions worth over $500 million. “This was an internal Binance transfer.