What happened: An anonymous cryptocurrency wallet holding $89,573,362 of Ethereum (CRYPTO: ETH) just transferred their funds onto Binance. The Ethereum wallet address tied to this transfer has been identified as:
0x5a52e96bacdabb82fd05763e25335261b270efcb.
You can view more details about the transaction here.
Why it matters: Abnormally large cryptocurrency transfers from wallets to exchanges is typically a bearish signal. Most high networth cryptocurrency traders hold …
Full story available on Benzinga.com