Metalpha is a Hong Kong based crypto-wealth management firm that has invested $77.55 millions worth of Ethereum.ETHLookonchain, a digital asset tracking service, reports that Binance has received.
Metalpha sent A total of 33 589 ETH was sent to the world’s largest crypto exchange in multiple transactions. This included 10,000 ETH, worth $23,45 million, on Monday.
Lookonchain reports that the company still has 51 300 ETH, worth about $120 millions.
Crypto tracker notes Ethereum Whales is accumulating.
“A smart whale bought 5,000 ETH ($11.46 million) at the bottom again in the past two days! The whale bought 5,200 ETH at an average price of $1,322 in November 2022. Then sold it at an average price of $2,093 in January, December 2023, and January 2024, making more than $4 million!”
At the time of this writing, Ethereum was trading at $2,378. In the last day, Ethereum has gained 1.5%.
Lookonchain notes A Solana Whale sold for 20,000 SOL Worth $2.66 Million on Monday. This address, which has been active since the start of this year, has sold an amount of SOL totaling $102 million.
SOL’s price is $135.57. Market cap-wise, the 5th most valuable crypto asset is up over 0.5% within 24 hours.
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