Ethereum Whale Moves 62,615 ETH Off Bitfinex - Ethereum (ETH/USD)
What happened: An Ethereum ETH/USD whale sent $81,174,217 worth of Ethereum off Bitfinex.
The ETH address associated with this transaction has been identified as:
Why it matters: Whales typically send cryptocurrency from exchanges when planning to hold their investments for an extended period of time. Storing large amounts of money on an exchange presents an additional risk of theft, as exchange wallets are the most sought-after target for cryptocurrency hackers.
Ethereum whales that run their own validator nodes (costing …