$384M In Bitcoin Was Just Transferred Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $384,857,910 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as:

38UmuUqPCrFmQo4khkomQwZ4VbY2nZMJ67

You can view more details about the transaction here.

Why it matters: Cryptocurrency transfers from wallets to exchanges is typically a bearish signal. Most high networth cryptocurrency traders hold their funds …

Full story available on Benzinga.com

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