Metalpha’s Strategic $24.85M Ethereum Exodus: Analyzing the Major Withdrawal from Kraken and Binance
A significant on-chain transaction has captured the attention of cryptocurrency analysts worldwide. OnchainLenz, a prominent blockchain analytics provider, reported that an address linked to Hong Kong-based digital asset manager Metalpha executed a substantial withdrawal of 8,500 Ethereum (ETH) from major exchanges Kraken and Binance. This transaction, valued at approximately $24.85 million, occurred rapidly and suggests […]
