Metalpha, a Hong Kong-based cryptocurrency wealth management company, has deposited Ethereum worth $77.55 Million (ETHLookonchain, a digital asset tracking service, reports that Binance has received.
Metalpha sent The top crypto exchange received 33,589 Ethereum in multiple transactions. Of this, 10,000 ETH valued at $23,45 Million was transferred on Monday.
Lookonchain reports that the company still has 51 300 ETH, worth about $120 millions.
Crypto tracker notes Ethereum Whales are also 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 past day, Ethereum has gained 1.5%.
Lookonchain notes A Solana Whale sold for 20,000 SOL On Monday, the address was worth $2.66million. According to crypto tracker, the address sold 715, 000 SOL, worth $102,000,000, since January. It still holds 1.84, 000 SOL, worth $246,000,000.
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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