What happened: An Ethereum (CRYPTO: ETH) whale sent $24,134,942 worth of Ethereum off Bitfinex.
The ETH address associated with this transaction has been identified as:
0x84b38bc60f3bd82640ecefa320dab2be62e2da15
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, …
Full story available on Benzinga.com