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What happened:<\/strong> $86,003,070.00 worth of Ethereum (CRYPTO: ETH<\/a>) was just moved between 2 anonymous cryptocurrency wallets in a single transaction.<\/p>\n This mysterious person\u2019s Ethereum wallet address has been identified as: 0x7f10b206f94b4454dd90472b7a524d37e98fc861<\/strong><\/p>\n $86 million worth of Ethereum was sent to an unknown recipient, with Ethereum wallet address: 0xe9405bd9845a488e4c5e5e6d972fea932e2e4a3c<\/strong><\/p>\n Why it matters:<\/strong> 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.<\/p>\n You can view more details about the transaction here.<\/strong><\/a><\/p>\n According to Glassnode<\/a>, there are 144,997.00 Ethereum wallets with over $100,000 in ETH.<\/p>\n See Also:<\/strong> Best Crypto Apps 2021<\/a> and Best Crypto Portfolio Trackers<\/a><\/p>\n Price Action:<\/strong> Ethereum is down -3% in the past 24 hours.<\/p>\n See Also:<\/strong> How To Buy Ethereum<\/a><\/p>\n Public Blockchain data sourced from Whale Alerts Twitter<\/a>.<\/p>\n This article was generated by Benzinga\u2019s automated content engine and reviewed by an editor.<\/p>\n<\/p><\/div>\n