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Metalpha Redeems 10,000 ETH from Lido, Potential Sell-Off on Binance | Flash News Detail | Blockchain.News
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8/16/2024 1:58:55 PM

Metalpha Redeems 10,000 ETH from Lido, Potential Sell-Off on Binance

Metalpha Redeems 10,000 ETH from Lido, Potential Sell-Off on Binance

According to @ai_9684xtpa, asset management company Metalpha has requested to redeem 10,000 ETH worth $25.72 million from Lido in the past 40 minutes. Since August, the company has cumulatively redeemed 20,000 ETH from Lido. Of the last 10,000 ETH redeemed, 6,895 ETH valued at $17.57 million have been deposited into Binance over the past two days, suggesting a possible sell-off.

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Ai 姨

@ai_9684xtpa

Ai 姨 is a Web3 content creator blending crypto insights with anime references