What occurred: $74,641,686 value of Ethereum (CRYPTO: ETH) was simply moved between 2 nameless cryptocurrency wallets in a single transaction.
This mysterious particular person’s Ethereum pockets tackle has been recognized as: 0xb44b45c74c4096a2fec731132311f3cbbceb310a
$74 million value of Ethereum was despatched to an unknown recipient, with Ethereum pockets tackle: 0xef381e3e29f7441bce624b9c69e3d678f1c51359
Why it issues: Cryptocurrency whales that personal thousands and thousands of {dollars} in Ethereum have a tendency to maneuver markets single-handedly. If the whale decides to exit this Ethereum place, there may very well be sufficient market impression to push down the worth of ETH. It takes about $15 to $30 million of promote stress to maneuver the worth of Ethereum down 2% on any given trade.
You can view more details about the transaction here
In keeping with Glassnode, there are 127,558 Ethereum wallets with over $100,000 in ETH.
See Additionally: Best Crypto Apps 2021 and Best Crypto Portfolio Trackers
Worth Motion: Ethereum is down 0% up to now 24 hours.
See Additionally: How To Buy Ethereum
Public Blockchain information sourced from Whale Alerts Twitter.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.
