Ethereum Whale Moves 15,000 ETH to Bitfinex

A significant Ethereum transaction has caused ripples in the crypto market. An unidentified whale transferred 15,000 ETH ($68.22 million) from their holdings to Bitfinex, potentially boosting liquidity and impacting market prices. While this transfer does not directly affect DeFi protocols, it remains noteworthy due to its size. The whale’s history reveals a pattern of profit-taking activity based on past withdrawals from Bitfinex in 2019. Market observers are closely watching for potential price fluctuations triggered by the increased sell-side pressure.