Someone Just Sent $114M In Ethereum To An Anonymous Wallet – Ethereum (ETH/USD)

What occurred: $114,656,873 value of Ethereum ETH/USD was simply moved between 2 nameless cryptocurrency wallets in a single transaction.

This mysterious particular person’s Ethereum pockets deal with has been recognized as: 0xd628f7c481c7dd87f674870bec5d7a311fb1d9a2

$114 million value of Ethereum was despatched to an unknown recipient, with Ethereum pockets deal with: 0x0548f59fee79f8832c299e01dca5c76f034f558e

Why it issues: Cryptocurrency whales that personal tens of millions of {dollars} in Ethereum have a tendency to maneuver markets single-handedly. If the whale decides to exit this Ethereum place, there might be sufficient market affect to push down the value of ETH. It takes about $15 to $30 million of promote strain to maneuver the value of Ethereum down 2% on any given alternate.

You can view more details about the transaction here

In line with Glassnode, there are 67,599 Ethereum wallets with over $100,000 in ETH.

See Additionally: Best Crypto Apps 2021 and Best Crypto Portfolio Trackers

Value Motion: Ethereum is down -1% 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.