What happened: An anonymous cryptocurrency wallet holding $20,019,749 of Ethereum (CRYPTO: ETH) just transferred their funds onto Gemini. The Ethereum wallet address tied to this transfer has been identified as:
0x0000f079e68bbcc79ab9600ace786b0a4db1c83c.
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