50,028 ETH has been moved from a Kraken exchange address to an anonymous address worth $130 million, according to Whale Alert. The reason behind the large transfer remains unknown. Such large transactions are often associated with major market movements, but it's too early to speculate on the impact of this particular transfer. The movement of such a large amount of ETH could indicate a number of things. It could be that Kraken is moving funds to a different wallet for security reasons. It could also be that a large investor is moving their funds to a different exchange or cold storage. Whatever the reason, the transfer is a reminder of the importance of keeping your cryptocurrency safe. Always use a strong password and two-factor authentication, and consider storing your cryptocurrency in a hardware wallet.