What happened: An anonymous cryptocurrency wallet holding $37,890,681 of Ethereum (CRYPTO: ETH) just transferred their funds onto Binance. The Ethereum wallet address tied to this transfer has been identified as:
0x0111c0ae7b04a773b6f73d7fe65006713678f0c7.
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 …
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