What happened: An Ethereum (CRYPTO: ETH) whale sent $111,344,575 worth of Ethereum off Gemini.
The ETH address associated with this transaction has been identified as:
0x7e6ea81a68a2af50f64a37b3d6e50b1abb796da8
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