Ethereum Transfer: MetaAlpha Moves 6,800 ETH from Binance to AAVE, Worth $22.72M
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
In the latest crypto news update from COINOTAG News, on-chain data tracked by TheDataNerd shows that MetaAlpha moved 6,800 ETH from Binance and transferred the entire stake into AAVE, valuing the position at roughly $22.72 million at press time.
Reported six hours earlier on November 5, the relocation marks a direct liquidity shift from a centralized exchange to a leading DeFi protocol, contributing to observed on-chain liquidity dynamics across the space.
Without additional context on the intent, the move should be read as an on-chain data point within the crypto ecosystem. Analysts will monitor follow-on activity around MetaAlpha and AAVE to assess capital allocation trends and risk exposure in crypto markets.