Matrixport Transfers 10,000 ETH to Binance as BTC Dominates $461M On-Chain Holdings (81.6%)
ETH/USDT
$37,939,871,804.04
$2,293.99 / $2,068.20
Change: $225.79 (10.92%)
+0.0040%
Longs pay
COINOTAG News reported on September 10 that on-chain analyst AI Auntie (@ai_9684xtpa) observed the address 0x8cE…Fc333, associated with Matrixport, deposit 10,000 ETH to Binance approximately ten hours prior, a transfer valued at about $43.77 million. The movement was recorded on public ledgers and attributed through on-chain analytics.
Matrixport, the crypto asset management firm founded by Wu Jihan, currently shows roughly $461 million in on-chain public assets, with BTC comprising 81.6% of that allocation and only 4,272 ETH remaining (approximately $18.33 million) in monitored on-chain holdings.
This recorded transfer is a confirmed on-chain deposit to an exchange custody address; it increases exchange-held ETH balances and is observable in blockchain explorers. Any further market implications will depend on subsequent exchange activity and are not determined by this single transaction.