Capital Management Firm Metalpha Requests 10,000 ETH Redemption from Lido in Last 40 Minutes
Bitget2024/08/16 15:07
According to @ai_9684xtpa monitoring, capital management firm Metalpha has requested a redemption of 10,000 ETH from Lido in the last 40 minutes, valued at approximately $25.72 million. The institution has cumulatively redeemed 20,000 ETHs from Lido since August. 6,895 of the 10,000 ETHs from the last redemption have been recharged into CEX over the past two days, valued at around $17.57 million, and are suspected to have been sold.
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