What happened: An Ethereum (CRYPTO: ETH) whale sent $37,026,175 worth of Ethereum off Gemini.
The ETH address associated with this transaction has been identified as:
0x96ec13657d2a31b955fd75f5b5de70cbf5954db7
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