Metalpha is suspected of continuing to hoard ETH, purchasing more than 29,000 in 18 days
On April 18th, according to on-chain analyst Yu Jin's monitoring, MetalphaPro is suspected of continuously increasing its holdings of ETH recently. It deposited $25 million USDC into Binance 5 hours ago, and then withdrew 7,000 ETH (about $11.12 million) 1 hour ago. Since April 1st, the address has withdrawn a total of 29,000 ETH from Binance, totaling $48.73 million, with an average purchase price of about $1,680.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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