Data: Paradigm transfers 5,500 ETH to Anchorage, or a precursor to a sale

Apr 22, 2025 09:18:24

according to Yu Jin, Paradigm transferred 5,500 ETH (approximately $8.66 million) to the institutional brokerage platform Anchorage about 3 hours ago. Over the past year, Paradigm has transferred a total of 96,955 ETH to Anchorage, with a total value of approximately $302 million, at an average price of about $3,110.

Previous similar operations were usually followed by subsequent transfers to exchanges like Coinbase and Binance, suspected to be preparations for sale.

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