đđMobility Expectation for Ethereum from the Giant Investment Firm: Moved 20 Million Dollars! đđ
Canada-based investment firm Paradigm Capital may be predicting a movement in the Ethereum (ETH) price. According to on-chain data platform Arkham Intelligence, Paradigm Capital transferred 6,221 ETH to the Anchorage Digital platform today. This transaction represents an ETH transfer worth approximately $20.31 million.
It has been observed that Paradigm Capital has been depositing ETH regularly in the second half of each month for the last few months. As of now, the company has 47,441 ETH in its portfolio, worth approximately $155 million. Anchorage Digital is known as a platform that provides secure custody services for cryptocurrencies. It is thought that Paradigm Capital made these regular investments in order to secure its cryptocurrencies and protect them from market fluctuations.
Last month, Paradigm Capital transferred 19,504 Ethereum to Anchorage Digital address. This activity was interpreted as the company expecting a change in the market. Currently, Ethereum is trading at $3,276.
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