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MetalphaPro's $48M ETH Grab: DeFi Domination Incoming?

MetalphaPro's $48M ETH Grab: DeFi Domination Incoming?

MetalphaPro, an institutional crypto manager, just made a big bet that crypto markets are headed for a major breakout. Together, they have already received an incredible $48 million equivalent of Ethereum (ETH)! This strategic acquisition was made with the withdrawal of 29,000 ETH from Binance at an average purchase price...
MetalphaPro's $48M ETH Move Is A DeFi Game Changer, Or Is It?

MetalphaPro's $48M ETH Move Is A DeFi Game Changer, Or Is It?

Fine, MetalphaPro just flushed close to $50 million on the ETH blockchain and jumped straight into DeFi. Headlines scream "institutional adoption!" and "game changer!" Sure, on the surface, it appears to be validation for DeFi. Before we uncork the champagne, let's ask ourselves: are we sure this is a good...
MetalphaPro Expands DeFi Footprint with $48M Ethereum Acquisition

MetalphaPro Expands DeFi Footprint with $48M Ethereum Acquisition

MetalphaPro takes the lead with a daring acquisition of 18,000 Ethereum (ETH) worth approximately $48 million. This acquisition greatly enhances their footprint in the emerging world of decentralized finance (DeFi). This acquisition follows the institutional crypto manager’s month of strategic moves in April. These moves are indicative of a larger...