Metalpha Redeems 10K ETH from Lido, Deposits on Binance

Metalpha, a prominent player in the DeFi space, has made a significant on-chain move. The company redeemed 10,000 ETH, valued at approximately $26.09 million, from Lido and subsequently deposited it onto Binance just 14 hours ago.

Wallet address: 0x4353e2df4e3444e97e20b2bda165bdd9a23913ab

Metalpha currently maintains substantial holdings in both wstETH and stETH, with a balance of 33,207 wstETH (worth $102 million) and 30,675 stETH (valued at $80 million).

#ETH $ETH #LidoFinance #eyeonchain