Matrixport withdraws 14,586 ETH from Binance… approximately $68.2 million

Source
Suehyeon Lee

Summary

  • Matrixport recently withdrew 14,586 ETH from Binance.
  • The withdrawal amount is reported to be approximately $68.2 million.
  • The market is focusing on the possibility that this move is related to institutional asset reallocation or a transfer to self-custody.
photo=OnChain Lens
photo=OnChain Lens

Matrixport recently carried out a large-scale Ethereum (ETH) withdrawal.

On the 7th (local time), according to OnChain Lens, Matrixport withdrew a total of 14,586 ETH (approximately $68.2 million) from Binance over the past 12 hours.

The market is paying attention to the possibility that this movement is related to institutional asset reallocation or a move to self-custody.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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