Investment firm ParaFi Capital transferred 5,134 ETH to CEX 5 hours ago
According to on-chain analyst Yu Jin, investment firm ParaFi Capital transferred 5,134 ETH (worth $13.84 million) into CEX five hours ago, presumably for sale. This batch of ETH was redeemed by ParaFi Capital from EigenLayer yesterday. They deposited this amount of ETH into EigenLayer for mining in December last year when the price of ETH was $2,175.
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