Metalpha Transfers 22,822 ETH to Binance, Potential Influence on ETH Price

8/22/2024 2:54:03 PM

According to @ai_9684xtpa, asset management firm Metalpha transferred a total of 22,822 ETH, worth $59.49 million, to Binance after redeeming from Lido and Aave. Since yesterday, the firm has moved a cumulative 27,322 ETH, valued at $71.09 million, to the exchange at an average deposit price of $2602. This activity might be a factor contributing to ETH's price stability around $2600. (Source)

Aave ETH Binance Lido Metalpha

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