A Litecoin transaction worth 62 million dollars, referring to the cost of only 50 cents

A transaction over 1 million LTC it has been recently completed by supporting only 50 cents of second cost 'Litecoin.com'. In a medium post 'Litecoin.com' They note that it is one of the most precious and largest Litecoin transactions ever.

It should be noted that the official website of the Litecoin project is "Litecoin.org" 'Litecoin.com' website there is very little information on its support and its motivations.

The largest transaction on Litecoin

According to 'Litcoin.com' article, the potentially record-setting operation on the Litecoin network involved 1,159.005.90779568 LTC currencies valued at $ 62 million. The cost of the transaction was only 0.00922 equal to about $ 0.5. The big transaction seems geared towards consolidating funds at a new Multi-Signature / Segwit & # 39; M & # 39; address. Transactions from some previous addresses now result in the new address.

The huge influx of funds has made the new Segwit M the richest on the Litecoin network. The transaction in question was carried out by the previous richest address on the network. The sender's address is empty. However, the process also destroyed the impressive figure of 71.618.997 days.

Who could own the address?

The identity of the owner of this address is still a mystery, which means that someone will have to come forward to reveal himself. Until then, the real identity of the owner of the address will remain hidden.

What we know is that the exchange could have taken place from a cold wallet. The owner, who has held his coins for a long time, has probably moved them to a safer Segwit address. The new multi-signature portfolio has more private keys and must be signed by multiple parties, unlike legacy addresses.

The transaction in question consisted of more than 20,000 LTC inputs, each of which consisted of four batches of 5,000 LTC transactions. The coins came from an address that still contains 150,000 LTC. The address has many transactions, and it is likely that the address belongs to a hot wallet on an exchange where users regularly deposit and withdraw funds.

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