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Paradigm transferred US$8.66 million worth of ETH to Anchorage in 3 hours

Internet reports that according to analyst Ember monitoring, crypto-venture capital firm Paradigm may have transferred 5,500 ETH (approximately US$8.66 million) to institutional brokerage platform Anchorage about three hours ago, suspected to be preparing for sale. Data shows that Paradigm transferred a total of 96,955 ETH (approximately US$302 million) to Anchorage in the past year, with an average transfer price of approximately US$3,110. Historical transfer records show that these ETH usually flow further from Anchorage to centralized exchanges such as Coinbase and Binance.

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