Metalpha is suspected of continuing to hoard ETH, purchasing more than 29,000 in 18 days

On April 18th, according to on-chain analyst Yu Jin's monitoring, MetalphaPro is suspected of continuously increasing its holdings of ETH recently. It deposited $25 million USDC into Binance 5 hours ago, and then withdrew 7,000 ETH (about $11.12 million) 1 hour ago. Since April 1st, the address has withdrawn a total of 29,000 ETH from Binance, totaling $48.73 million, with an average purchase price of about $1,680.