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Metalpha is suspected of continuing to hoard ETH, purchasing more than 29,000 in 18 days

Metalpha is suspected of continuing to hoard ETH, purchasing more than 29,000 in 18 days

CointimeCointime2025/04/18 15:22
By:Cointime

On April 18th, according to on-chain analyst Yu Jin's monitoring, MetalphaPro is suspected of continuously increasing its holdings of ETH recently. It deposited $25 million USDC into Binance 5 hours ago, and then withdrew 7,000 ETH (about $11.12 million) 1 hour ago. Since April 1st, the address has withdrawn a total of 29,000 ETH from Binance, totaling $48.73 million, with an average purchase price of about $1,680.

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