"Hong Kong Asset Manager Metalpha Deposits 30,000 ETH to Binance, Worth Approximately $115.7 Million"
Minseung Kang
Summary
- "It has been confirmed that Hong Kong asset manager Metalpha has deposited 30,000 ETH to Binance."
- "This deposit, worth approximately $115.7 million, represents the first large-scale Ethereum deposit from Metalpha's multisig address in three months."
- "The specific intention behind the deposit has not yet been confirmed."
Hong Kong asset management firm Metalpha has deposited 30,000 Ethereum (ETH) to Binance.
On the 22nd, on-chain analyst ai_9684xtpa revealed through X (formerly Twitter) that "Hong Kong asset manager Metalpha transferred 30,000 ETH to Binance at around 13:45." This amounts to approximately $80.48 million (about 115.7 billion won).
The analyst added, "This is the first large-scale Ethereum deposit from Metalpha's multisig address in three months, and the intention behind this deposit has not yet been confirmed."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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