A whale has transferred 4,500 bitcoins, equivalent to $ 50 million, from its wallet to Bainance Exchange. No information is available on the identity of this whale and its intention to carry out this transaction.
To be honest effect on price with this amount is less interesting to me than other aspect.
How do you risk $50 million sending it to exchange that has financial troubles. This money can dissapear in seconds while beign on exchange.
How to ensure safety of such enormous operation? This is crazy.