Metalpha Makes Another Major ETH Move: 10,000 ETH ($23.37M) Deposited to Binance
Metalpha, the Hong Kong-based asset management company tied to Bitmain, just made another significant deposit of 10,000 ETH ($23.37M) to Binance about 3 hours ago (address: 0x4353e2df4e3444e97e20b2bda165bdd9a23913ab).
Since the beginning of September, Metalpha has been actively unloading ETH, having deposited a total of 34,189 ETH ($78.93M) to Binance at an average price of $2,309.
Despite this aggressive selling, Metalpha still holds a substantial balance of 59,116 ETH, worth approximately $138M.