What's most incredible to me is that the sender has $1.4B in ETH: https://ethers... | Hacker News

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		mgraczyk on Sept 27, 2021 \| parent \| context \| favorite \| on: Bitfinex just spent $23.7M in fees to make a singl... What's most incredible to me is that the sender has $1.4B in ETH: https://etherscan.io/address/0x742d35cc6634c0532925a3b844bc4... Just a few more zeros, and this could have been a company-ending mistake. Bitfinex should probably reduce the size of their hot wallets.

leppr on Sept 27, 2021 [–]

Bitfinex/Tether is probably the single richest entity in crypto. A $1.4B loss would not be close to "company-ending" for them.

neoromantique on Sept 28, 2021 | [–]

$1.4B loss would lead to huge market dip though, as crypto is fairly sensitive to these events.

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