Why did they pay such low fees? How did they do it?

I am really surprised looking at the transaction fee, but I do believe that the people might have used segWit but what I am doubtful about is : How did it get confirmed so fast when since days we are experiencing network congestion ?
Since many SegWit address starts from 3, I think it went form SegWit from SegWit maybe ? But then again the reason why people are always worried about the fee is because in comparison to the transaction they are sending it generally occupies a big fraction..
Have we found the solution ? Maybe we should start adopting segWit more ?
Then again it's amazing , if the person would have transferred that amount of money from bank account , he would have to take days , answer ridiculous questions, it could even take days ..... But this genuinely was so fast and at the same time they didn't have to pay much fee.

Because right now is actually 2020-10-26 17:06 and we already have a topic and an explanation for it

Bitcoin is for millionaires? That will be a question arises from this thread because people who wanted to use Bitcoin for something like for payments the fee is getting ridiculously high due to congested network but it's so easier for a whale to transact billions worth of BTC in few hiurs and as well as with less fee.

It's a great time to sell right before the holidays especially with BTC and other popular cryptocurrencies steadily rising in recent times. A billion dollar transaction with such insanely low fees did surprised me.

My green wallet suggests paying $10-11 for a $110 transaction at medium-high speed which is around 10%. Meanwhile, this guy paid a negligible amount for a billion dollar transaction. He sure knows how to save money.

Could be an early adopter or some extremely rich dude. However, calling this the biggest BTC TX is wrong as the poster above suggested though it certain qualifies as one of the biggest ones.

This is why lot of large scale firms getting into cryptocurrency investment and usage. It is hard to process and transact such a huge volume of fund through traditional payment system. Bitcoin makes the impossible thing possible providing cent percent transparency with the end users unknown to the world. With all this features, once again the fee makes bitcoin the best.

The tx include one input and two outputs only which is the reason behind the low fee. In case, inputs and outputs were high, the fee for lower amount of BTC would increase. For example, I had a tx this week worth of $200 which had a fee of $10 almost due to the high number of inputs.

Since I used perfect money before,
I will add that payment system, for the comparison too.

Perfect money fee for transferring money is 0.5 - 1.99%.
So it will be around $5,750,000 - $22,885,000 for that transaction.


Even if they allow it, they will immediately limit our account and ask for many documents 

Wow and that’s something to talk about right there, a fee of $3,54?

I couldn’t really believe that until I clicked the block explorer link and checked it for myself, the transaction took place on the 26th of this October and that’s five days ago!

The amount is worth $1.2 billion from what I have seen on the blockchain.com and the fees worth $3.78 that’s some unbelievable shiii we have right there! This would be completely impossible to do if they chose to use PayPal, because nobody would agree to pay up to 2.9% for an amount as huge as that.

The fee will be cheaper if that sender uses a 1 satoshi per byte as transaction fee for it. It will be cheaper more than 60 times. Sender is a whale so it is not a financial math or trouble to accept a few dollars as transaction fee.

I simply contribute to this discussion that with bitcoin, the fee for that amount can be cheaper.

Whether privacy can be protected if a sender uses tx accelerator? It is not worthy to sacrifice privacy because of a few dollars.