Summary
- It was reported that asset manager Metalpha made a large deposit of Ethereum (ETH) to Binance.
- Metalpha transferred 3,300 ETH to Binance about six hours ago, and said it moved a total of 6,994 ETH over the past 24 hours.
- This is worth about $14.3 million at current prices, and such large deposits to exchanges are typically regarded as a signal of intent to sell.
Forecast Trend Report by Period
Asset manager Metalpha has been seen making a large deposit of Ethereum (ETH) to Binance.
According to The Data Nerd on the 27th (KST), Metalpha transferred 3,300 ETH to Binance about six hours ago. In total, Metalpha moved 6,994 ETH to Binance over the past 24 hours, worth roughly $14.3 million at current prices.
Such large deposits to exchanges are typically viewed as a signal of intent to sell.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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