Metalpha withdrew 6,000 ETH from Kraken within 3 hours, worth over $18 million

【ChainWen】Interestingly, Metalpha withdrew a total of 6,000 ETH from Kraken three hours ago, which is roughly equivalent to about $18.67 million at the current price. This transfer is quite significant and stands out amid the current ETH price fluctuations—large institutional moves often reflect judgments about market trends. Withdrawing funds from an exchange usually indicates either risk hedging or preparations for the next move. The data is clear on the blockchain, but the underlying intent is for you to interpret yourselves.

ETH-0.84%
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