Metalpha Transfers a Considerable Amount of ETH Worth Millions to Binance
CryptoNewsTerminal Staff11 Sep, 2024
Metalpha Transfers a Considerable Amount of ETH Worth Millions to Binance
Metalpha, a digital asset management firm based in Hong Kong, recently transferred 2,200 ETH to a Binance address, according to data from Arkham Intelligence (ARKM), a blockchain analytics firm. The transfer, which occurred approximately 22 minutes ago, was worth approximately $51.16 million at the time of the transaction. The reason behind this significant transfer remains unknown. However, Metalpha has not made any public statements regarding the transaction. We will continue to monitor the situation and provide updates as they become available.
