🚀 ParaFi Capital Moves $13.84M in $ETH to Coinbase Prime After EigenLayer Withdrawal

ParaFi Capital just transferred 5,134 $ETH (around $13.84M) to Coinbase Prime, following a withdrawal from the staking protocol EigenLayer.

This move, reported by @EmberCN on X, happened five hours ago.

Initially deposited in December 2023, when $ETH was priced at $2,175, the Ethereum is now valued at $2,695—a 23.9% gain.

ParaFi might be reallocating assets, preparing for trades, or locking in profits.

With Coinbase Prime's institutional features, ParaFi is ready for its next strategic move in the crypto market. 💼✨