Ethereum Whale Moves 77,736 ETH to Bitfinex Exchange

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Aug 23 2025

Significant ETH Transfer: A dormant wallet transferred 77,736 ETH (valued at $368 million) to Bitfinex on August 23, 2025, after being inactive for over six years.
Market Impact: This large-scale transfer is expected to affect Ethereum's liquidity and may induce market volatility, as significant movements to exchanges can influence price stability.
Value Appreciation: The wallet previously managed ETH worth $11.9 million in 2019, highlighting a substantial increase in value over the years, reflecting broader cryptocurrency market dynamics.
Analyst Insights: Experts, including analyst Yu Jin, emphasize the potential systemic effects of such transfers on Ethereum markets, drawing parallels with past events that led to swift market corrections.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Ethereum Whale Moves 77,736 ETH to Bitfinex Exchange

About the author

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