ALTER TABLE dbo.SourceTable ADD IsCopied BIT NOT NULL DEFAULT 0;

SELECT * INTO DestinationTable FROM dbo.SourceTable WHERE 1=0;

DECLARE @BatchSize INT=1000;
DECLARE @RowsAffected INT;
DECLARE @InsertedPrimaryKeys TABLE (Id BIGINT NOT NULL);

WHILE 1=1
BEGIN
    BEGIN TRANSACTION
    INSERT INTO dbo.DestinationTable
    OUTPUT inserted.Id INTO @InsertedPrimaryKeys
    SELECT TOP (@BatchSize) * FROM dbo.SourceTable WHERE IsCopied=0;
    SET @RowsAffected=@@ROWCOUNT;
    IF @RowsAffected>0
    BEGIN
        UPDATE dbo.SourceTable SET IsCopied=1 WHERE IsCopied=0 AND Id IN (SELECT Id FROM @InsertedPrimaryKeys);
        COMMIT TRANSACTION;
    END
    ELSE
    BEGIN
        ROLLBACK TRANSACTION;
        BREAK;
    END    
END

ALTER TABLE dbo.SourceTable DROP COLUMN IsCopied;
ALTER TABLE dbo.DestinationTable DROP COLUMN IsCopied;