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Metalpha Moves $23 Million Worth of Ethereum to Binance

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By on September 10, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Metalpha Moves $23 Million Worth of Ethereum to Binance appeared first on Coinpedia Fintech News

Earlier today, Metalpha deposited 10,000 ETH, worth approximately $23 million, into Binance, according to blockchain tracker Lookonchain. This follows a series of significant Ethereum transactions by Metalpha, totaling 23,589 ETH, or roughly $54.1 million, sent to Binance over the past three days. On September 6, Metalpha withdrew 5,994 ETH (about $14.07 million) from Lido before depositing 5,500 ETH, valued at $12.9 million, into Binance. These large transactions are capturing attention as they could influence Ethereum’s market price and reflect the dynamic nature of cryptocurrency trading.

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