Metalpha, a major crypto wealth management firm based in Hong Kong, recently transferred $77.55 million in Ethereum (ETH) to Binance, as reported by Lookonchain.
Over several transactions, Metalpha moved a total of 33,589 ETH to the exchange, including a notable transfer of 10,000 ETH valued at $23.45 million on Monday.
Currently, Metalpha retains 51,300 ETH, worth approximately $120 million.
Lookonchain also highlighted increased activity among Ethereum whales. One whale recently purchased 5,000 ETH for $11.46 million at recent lows.
This whale had previously bought 5,200 ETH at an average price of $1,322 in November 2022 and sold it at an average price of $2,093 between December 2023 and January 2024, realizing a profit of over $4 million.
At present, Ethereum is trading at $2,378, marking a 1.5% increase in the last 24 hours.
Fartcoin (FARTCOIN) has gone down by 17.3% in the past 24 hours and currently sits at $1.14. As the token approaches $1, one trader favors a bullish Fartcoin price prediction. DevKhabib, a pseudonymous trader whose X account is followed by nearly 46,000 users, says that he expects a big bounce off the $1 support after […]
Amid current market volatility, blockchain analytics firm Santiment has reported a notable rise in whale activity targeting a select group of altcoins.
Binance has officially announced the launch of PlaysOut (PLAY), a new token debuting on Binance Alpha, with trading scheduled to begin on July 31, 2025, at 08:00 UTC.
The Cboe BZX Exchange has submitted a filing with the U.S. Securities and Exchange Commission (SEC) seeking approval for a new exchange-traded fund (ETF) that would track Injective’s native token (INJ).