A bitcoin transaction was just done $1.4bn USD for $2.00 🤯fees.

The cost to transfer $1.4 billion USD from a Bank of America account to a Chase account depends on the method and account status:

--- Wire Transfer (most feasible method): ---

* Without fee waivers: Approximately $12,600 (assuming 280 wire transfers at $45 each, based on a $5 million per-transaction limit).

* With fee waivers (e.g., Bank of America Diamond Honors and Chase Private Client): $0.

* -Process: Likely requires in-person or special arrangements due to online transfer limits, with funds arriving in 1-2 business days.

--- ACH Transfer: Likely $0 for standard ACH, but impractical due to low transaction limits (e.g., 1,400 transactions at $1 million each) and longer processing times (2-3 days). ---