Metalpha's significant ETH transfer of $61.38M moving from Aave to Binance, illustrating a major digital asset management decision.
Ethereum News

Metalpha Executes Crucial $61.38M ETH Transfer: A Major Move from Aave to Binance

The cryptocurrency world recently witnessed a notable transaction. Hong Kong-based digital asset manager Metalpha completed a significant **ETH transfer**. This movement involved a substantial sum: 13,000 ETH, valued at $61.38 million. The funds were withdrawn from the decentralized lending protocol **Aave** and subsequently sent to the major centralized exchange, **Binance**. This event, reported by EmberCN, […]

Visual representation of Metalpha's substantial ETH deposit to Binance, impacting the Ethereum price.
Ethereum News

Metalpha’s Massive ETH Deposit to Binance: What It Means for Ethereum Price

A significant **ETH deposit** has captured the attention of the cryptocurrency community. A wallet linked to Hong Kong asset manager **Metalpha** recently transferred 5,000 **Ethereum** (ETH) to the **Binance** exchange. This substantial movement, valued at approximately $20.9 million, was reported by Lookonchain on X, citing data from Arkham. Such large transactions often signal notable shifts […]

Ethereum News

Massive Ethereum Accumulation? Metalpha’s Intriguing 29K ETH Binance Withdrawal Signals Bullish Move

In the ever-dynamic world of cryptocurrency, significant on-chain movements often hint at strategic shifts and potential market trends. Recently, a noteworthy event has caught the attention of crypto analysts: Metalpha, a digital asset firm based in Hong Kong, has been making waves with substantial Ethereum accumulation. But what exactly does this mean, and why should […]