Ethereum Transfer: MetaAlpha Moves 6,800 ETH from Binance to AAVE, Worth $22.72M

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.