Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

$104M In Ethereum Was Just Transferred Between 2 Wallets

What happened: $104,136,774 worth of Ethereum (CRYPTO: ETH) was just moved between 2 anonymous cryptocurrency wallets in a single transaction.

This mysterious person's Ethereum wallet address has been identified as: 0x7c984601fb5ff9b1755455bdb0aa130640a23845

$104 million worth of Ethereum was sent to an unknown recipient, with Ethereum wallet address: 0xfa453aec042a837e4aebbadab9d4e25b15fad69d

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 95,294 Ethereum wallets with over $100,000 in ETH.

See Also: Best Crypto Apps 2021 and Best Crypto Portfolio Trackers

Price Action: Ethereum is down -1% in the past 24 hours.

See Also: How To Buy Ethereum

Public Blockchain data sourced from Whale Alerts Twitter.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Why Black Animals Are Still Waiting For Homes Despite Being Perfect Companions
Walk into almost any animal shelter in the world, and a quiet pattern reveals itself. Lighter colored pets leave first. The black ones stay behind. Days turn into weeks, weeks into months. This is not a coincidence. Across countries, cultures, and shelter systems, black animals are adopted less frequently and…
Times Pets
Times Pets
Heard it on the grapevine: Polish wine’s quiet renaissance
Once thought of only for vodka and lager, Poland is in the midst of a wine-making revival that’s infiltrating restaurant lists, bars and independent suppliers
The Guardian - UK
The Guardian - UK
In My Tiny Kitchen, Every Inch Counts – Yet Drew Barrymore’s Ingenious Blender Earned a Spot on My Counter (And Replaced 3 Bulky Appliances)
The new 'Kitchen System' is a personal blender and food processor all in one, making it a must-have for small spaces (starting with mine)
Homes & Gardens
Homes & Gardens
Former Texas Roadhouse worker calls out the outlet for ‘scooping out’ a bug from their cinnamon butter, but people noticed something even worse
Everyone has seen the viral videos of secret menu hacks or behind-the-scenes kitchen tours. But one former Texas Roadhouse server’s “throwback” TikTok of a bug in cinnamon butter is a literal nightmare. People with a fear of bugs, you might want to sit this one out.
The Mary Sue
The Mary Sue
From YouTuber to NASCAR driver: Cleetus McFarland expands his racing resume at Daytona
Garrett Mitchell is better known as “Cleetus McFarland” to his millions of followers gained over the years as a racing influencer
The Independent UK
The Independent UK
Woman orders wedding dress from Dior. Then she sees the box it came in. People are alarmed at the reveal: ‘I thought that was a fridge’
Forget butterflies and happy tears. This Dior bride’s big moment arrived looking less like couture and more like a Home Depot delivery. In a now-viral TikTok, handymen lug a massive wooden crate into her house–except it’s the kind you’d expect to hold a fridge, not a frock.
The Mary Sue
The Mary Sue
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play