What happened: A Bitcoin (CRYPTO: BTC) whale just sent $46,232,976 worth of Bitcoin off Bitstamp.
The BTC address associated with this transaction has been identified as: 12mbj7uBq1dN8ZR2BVFmKY91RnsJy4tnfa.
Why it matters: Bitcoin “Whales” (investors who own $10 million or more in BTC) 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 …
Full story available on Benzinga.com