PANews reported on April 18 that according to on-chain analyst Ember’s monitoring, MetalphaPro is suspected of continuing to increase its ETH holdings recently. It deposited $25 million USDC to Binance 5 hours ago, and then withdrew 7,000 ETH (about $11.12 million) 1 hour ago. Since April 1, the address has withdrawn a total of 29,000 ETH from Binance, amounting to $48.73 million, with an average opening price of about $1,680.
Metalpha is suspected of continuing to hoard ETH, purchasing more than 29,000 in 18 days
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