What happened: $50,427,300 worth of Ethereum (CRYPTO: ETH) was just moved between 2 anonymous cryptocurrency wallets in a single transaction.
This mysterious persons Ethereum wallet address has been identified as: 0xca436e14855323927d6e6264470ded36455fc8bd
$50 million worth of Ethereum was sent to an unknown recipient, with Ethereum wallet address: 0x6571d6be3d8460cf5f7d6711cd9961860029d85f
Why it matters: Cryptocurrency whales that own millions of dollars in Ethereum tend to move markets single-handedly. If the whale decides to exit this Ethereum position, there could be enough market impact to push down the price of ETH. It takes about $15 to $30 million of sell pressure to move the price of Ethereum down 2% on any given exchange.
You can view more details about the transaction here
According to Glassnode, there are 92,262 Ethereum wallets with over $100,000 in ETH.
See Also: Best Crypto Apps 2021 and Best Crypto Portfolio Trackers
Price Action: Ethereum is down -7% in the past 24 hours.
See Also: How To Buy Ethereum
Public Blockchain data sourced from Whale Alerts Twitter.
This article was generated by Benzingas automated content engine and reviewed by an editor.
The rest is here:
Someone Just Sent $50M In Ethereum To An Anonymous Wallet - Benzinga - Benzinga
- How does Ethereum work - Medium [Last Updated On: February 3rd, 2018] [Originally Added On: February 3rd, 2018]
- Ethereum - BTCMANAGER [Last Updated On: February 19th, 2018] [Originally Added On: February 19th, 2018]
- This Giant Infographic Compares Bitcoin, Ethereum, and ... [Last Updated On: February 19th, 2018] [Originally Added On: February 19th, 2018]
- What is Ethereum? | CryptoCompare.com [Last Updated On: February 23rd, 2018] [Originally Added On: February 23rd, 2018]
- The Top 10 Best Ethereum Wallets (2018 Edition) [Last Updated On: February 23rd, 2018] [Originally Added On: February 23rd, 2018]
- Ethereum fixes serious eclipse flaw that could be exploited ... [Last Updated On: March 7th, 2018] [Originally Added On: March 7th, 2018]
- How does Ethereum work, anyway? - Medium [Last Updated On: April 25th, 2018] [Originally Added On: April 25th, 2018]
- Free-Ethereum.com - Free Ether! [Last Updated On: May 31st, 2018] [Originally Added On: May 31st, 2018]
- What is Ethereum? | The Ultimate Beginners' Guide [Last Updated On: June 20th, 2018] [Originally Added On: June 20th, 2018]
- Ethereum Mining Guide for AMD and NVidia GPUs - Windows ... [Last Updated On: June 20th, 2018] [Originally Added On: June 20th, 2018]
- Ethereum: Blockchains, Digital Assets, Smart Contracts ... [Last Updated On: July 16th, 2018] [Originally Added On: July 16th, 2018]
- Ethereum Price - Mobile Friendly Price of Ether [Last Updated On: July 16th, 2018] [Originally Added On: July 16th, 2018]
- Ethereum Soars with over a 2,800% Rally - Coin News Asia [Last Updated On: July 28th, 2018] [Originally Added On: July 28th, 2018]
- Ethereum Co-Founder Joseph Lubin Says Speculators Driving ... [Last Updated On: August 20th, 2018] [Originally Added On: August 20th, 2018]
- Bitcoin and Ethereum: A Look At The Week Ahead [Last Updated On: September 2nd, 2018] [Originally Added On: September 2nd, 2018]
- EthereumPrice - Official Site [Last Updated On: October 3rd, 2018] [Originally Added On: October 3rd, 2018]
- Ethereum Classic Price Analysis: ETC/USD Could Revisit $12 [Last Updated On: October 6th, 2018] [Originally Added On: October 6th, 2018]
- Ethplorer Ethereum tokens explorer and data viewer. Top ... [Last Updated On: October 6th, 2018] [Originally Added On: October 6th, 2018]
- Buy and Sell Ether With The Peer-to-Peer Ethereum ... [Last Updated On: October 6th, 2018] [Originally Added On: October 6th, 2018]
- Ethereum Price - CoinDesk [Last Updated On: October 18th, 2018] [Originally Added On: October 18th, 2018]
- EthereumPrice.org - USD Price, Charts & History [Last Updated On: October 18th, 2018] [Originally Added On: October 18th, 2018]
- Report: Whales Accumulate Ethereum (ETH) En-Masse Amid Bear ... [Last Updated On: December 7th, 2018] [Originally Added On: December 7th, 2018]
- GitHub - ethereum/go-ethereum: Official Go implementation of ... [Last Updated On: December 7th, 2018] [Originally Added On: December 7th, 2018]
- Ethererum Crypto-Economics Index Real-time Price Charts and ... [Last Updated On: December 7th, 2018] [Originally Added On: December 7th, 2018]
- Ethereum Definition | Investopedia [Last Updated On: December 7th, 2018] [Originally Added On: December 7th, 2018]
- What is Ethereum Gas: Step-By-Step Guide - Blockgeeks [Last Updated On: December 19th, 2018] [Originally Added On: December 19th, 2018]
- Ethereum Price Analysis: ETH Could Extend Losses Below $80 ... [Last Updated On: December 19th, 2018] [Originally Added On: December 19th, 2018]
- Ethereum Price Analysis: ETH Could Turn Bullish Above $90 ... [Last Updated On: December 19th, 2018] [Originally Added On: December 19th, 2018]
- Bitcoin, Ethereum, Ripple Prices Surge Higher; FOMO Santa Rally? [Last Updated On: December 26th, 2018] [Originally Added On: December 26th, 2018]
- Ethereum Co-Founder Calls the Cryptobottom of 2018 ... [Last Updated On: December 26th, 2018] [Originally Added On: December 26th, 2018]
- Part 1: Ethereum vs NEO Which blockchain will provide ... [Last Updated On: December 31st, 2018] [Originally Added On: December 31st, 2018]
- Ethereum Price Analysis: ETH Corrects Sharply, Can It Hold ... [Last Updated On: December 31st, 2018] [Originally Added On: December 31st, 2018]
- Ethereum: JPMorgan, Microsoft, Banks Form ... - fortune.com [Last Updated On: January 3rd, 2019] [Originally Added On: January 3rd, 2019]
- Ethereum News | Ethereum News today | Latest Ethereum News [Last Updated On: January 3rd, 2019] [Originally Added On: January 3rd, 2019]
- Ethereum (ETH) - Price, Chart, Info | CryptoSlate [Last Updated On: January 3rd, 2019] [Originally Added On: January 3rd, 2019]
- Ethereum Cash Pro [Last Updated On: January 3rd, 2019] [Originally Added On: January 3rd, 2019]
- What Is Ethereum? Here's What You Need To Know [Last Updated On: January 3rd, 2019] [Originally Added On: January 3rd, 2019]
- What is Ethereum? | The Ultimate Beginners Guide [Last Updated On: January 27th, 2019] [Originally Added On: January 27th, 2019]
- Ethereum Classic - A smarter blockchain that takes digital ... [Last Updated On: January 27th, 2019] [Originally Added On: January 27th, 2019]
- Ethereum Price Analysis: ETH Relatively Muted, Next Move ... [Last Updated On: January 27th, 2019] [Originally Added On: January 27th, 2019]
- Buy and Sell Ether With The Peer-to-Peer Ethereum Marketplace ... [Last Updated On: January 27th, 2019] [Originally Added On: January 27th, 2019]
- What is Ethereum? | The Ultimate Beginners' Guide - CoinCentral [Last Updated On: January 30th, 2019] [Originally Added On: January 30th, 2019]
- Ethereum Price Analysis: ETH Breaks Down, Turned Sell on ... [Last Updated On: January 30th, 2019] [Originally Added On: January 30th, 2019]
- Ethereum Price Analysis: ETH Remains Sell Near $128 ... [Last Updated On: March 6th, 2019] [Originally Added On: March 6th, 2019]
- Ethereum Price Analysis: ETH Remains Sell Near $128, Target ... [Last Updated On: March 11th, 2019] [Originally Added On: March 11th, 2019]
- Create a cryptocurrency contract in Ethereum [Last Updated On: March 11th, 2019] [Originally Added On: March 11th, 2019]
- Ethereum Price Analysis: ETH Buyers Wont Give Up Easily ... [Last Updated On: March 11th, 2019] [Originally Added On: March 11th, 2019]
- Buy and Sell ETH With The Peer-to-Peer Ethereum Marketplace ... [Last Updated On: March 18th, 2019] [Originally Added On: March 18th, 2019]
- Ethereum Technical Analysis - FXStreet [Last Updated On: March 18th, 2019] [Originally Added On: March 18th, 2019]
- Ethereum - Investopedia [Last Updated On: March 18th, 2019] [Originally Added On: March 18th, 2019]
- Ethereum - reddit [Last Updated On: March 18th, 2019] [Originally Added On: March 18th, 2019]
- Ethereum vs Bitcoin: The Battle for the Crypto Throne - Coindoo [Last Updated On: March 18th, 2019] [Originally Added On: March 18th, 2019]
- Ethereum Price Analysis: ETH Could Make a Sustained Move ... [Last Updated On: March 18th, 2019] [Originally Added On: March 18th, 2019]
- Ethereum Project [Last Updated On: March 18th, 2019] [Originally Added On: March 18th, 2019]
- Ethereum - Official Site [Last Updated On: April 20th, 2019] [Originally Added On: April 20th, 2019]
- Ethereum (ETH) Price Starts Much Awaited Rebound To $170 [Last Updated On: May 9th, 2019] [Originally Added On: May 9th, 2019]
- Ethereum Price Analysis: ETH Corrects But More Upsides Likely ... [Last Updated On: May 9th, 2019] [Originally Added On: May 9th, 2019]
- Ethereum Price Analysis: ETH Primed For Additional Losses ... [Last Updated On: May 9th, 2019] [Originally Added On: May 9th, 2019]
- Ethereum Won't Fail: Joseph Lubin - ccn.com [Last Updated On: May 9th, 2019] [Originally Added On: May 9th, 2019]
- Ethereum (ETH) Price Starts Fresh Increase: Bitcoin Leading ... [Last Updated On: May 9th, 2019] [Originally Added On: May 9th, 2019]
- Bitcoin Booming As Ethereum, Ripple's XRP, EOS And Litecoin ... [Last Updated On: May 9th, 2019] [Originally Added On: May 9th, 2019]
- Ethereum Bounty Program [Last Updated On: May 30th, 2019] [Originally Added On: May 30th, 2019]
- Dark Horses of dApps: 6 Blockchains With Ethereum In Their Sights - Crypto Briefing [Last Updated On: October 21st, 2019] [Originally Added On: October 21st, 2019]
- Latin Americans get two new ways to trade Bitcoin, Ethereum, and more - Decrypt [Last Updated On: October 21st, 2019] [Originally Added On: October 21st, 2019]
- Ethereums Bearish Wave Count Outlined by Cryptocurrency Analyst - BeInCrypto [Last Updated On: October 21st, 2019] [Originally Added On: October 21st, 2019]
- XRPs Third Quarter Inflation Rate Was Lower Than Ethereum (ETH) and Litecoin (LTC) - SludgeFeed [Last Updated On: October 21st, 2019] [Originally Added On: October 21st, 2019]
- Ethereum (ETH) Dives To $170, Is $160 Next Bear Target? - newsBTC [Last Updated On: October 21st, 2019] [Originally Added On: October 21st, 2019]
- Thomson Reuters: Bringing Smart Contracts to the Mainstream With Ethereum & Chainlink - Blockonomi [Last Updated On: October 21st, 2019] [Originally Added On: October 21st, 2019]
- Crypto Analyst: Ethereum Has Bottomed, Expected To See Extended Rally - newsBTC [Last Updated On: October 21st, 2019] [Originally Added On: October 21st, 2019]
- WATCH: MyCrypto CEO Taylor Monahan on Crypto Adoption and Ethereum - Coindesk [Last Updated On: October 21st, 2019] [Originally Added On: October 21st, 2019]
- Cryptocurrency market update: Kicks of a dying horse as Bitcoin, Ethereum and Ripple remain suppressed - FXStreet [Last Updated On: October 24th, 2019] [Originally Added On: October 24th, 2019]
- Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin - American Wrap - 22 October - FXStreet [Last Updated On: October 24th, 2019] [Originally Added On: October 24th, 2019]
- Ethereums gas prices show an unusual surge when the Asian market sleeps - AMBCrypto [Last Updated On: October 24th, 2019] [Originally Added On: October 24th, 2019]
- Whale Consolidates $88M Worth of Ethereum in Two Transactions - BeInCrypto [Last Updated On: October 24th, 2019] [Originally Added On: October 24th, 2019]
- Ethereum Falls 10% In Selloff - Yahoo Finance [Last Updated On: October 24th, 2019] [Originally Added On: October 24th, 2019]
- TRON Joins Bitcoin And Ethereum On Opera Browser - Crypto Briefing [Last Updated On: October 24th, 2019] [Originally Added On: October 24th, 2019]
- Ethereum (ETH) Rebound Faces Major Hurdle Near $180 - newsBTC [Last Updated On: October 24th, 2019] [Originally Added On: October 24th, 2019]
- Ethereum Breakout Above $360 Means Skys the Limit, Believes Cryptocurrency Analyst - BeInCrypto [Last Updated On: October 24th, 2019] [Originally Added On: October 24th, 2019]
- Ethereum Futures: The Next Big Derivative to Hit the Market? - Cointelegraph [Last Updated On: October 24th, 2019] [Originally Added On: October 24th, 2019]
- Ethereum and Stellars Lumen Daily Tech Analysis 23/10/19 - Yahoo Finance [Last Updated On: October 24th, 2019] [Originally Added On: October 24th, 2019]