Matrixport Transfers 10,000 ETH to Binance as BTC Dominates $461M On-Chain Holdings (81.6%)

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COINOTAG News reported on September 10 that on-chain analyst AI Auntie (@ai_9684xtpa) observed the address 0x8cE…Fc333, associated with Matrixport, deposit 10,000 ETH to Binance approximately ten hours prior, a transfer valued at about $43.77 million. The movement was recorded on public ledgers and attributed through on-chain analytics.

Matrixport, the crypto asset management firm founded by Wu Jihan, currently shows roughly $461 million in on-chain public assets, with BTC comprising 81.6% of that allocation and only 4,272 ETH remaining (approximately $18.33 million) in monitored on-chain holdings.

This recorded transfer is a confirmed on-chain deposit to an exchange custody address; it increases exchange-held ETH balances and is observable in blockchain explorers. Any further market implications will depend on subsequent exchange activity and are not determined by this single transaction.

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Source: https://en.coinotag.com/breakingnews/matrixport-transfers-10000-eth-to-binance-as-btc-dominates-461m-on-chain-holdings-81-6/