According to the tracking platform Lookonchain, Metalpha deposited approximately 21,999.5 Ether (ETH) into Binance at some point on September 11th. This is the second significant deposit by Metalpha in the past five days, following their previous transfer of a total of 55,588 ETH, equivalent to about $128 million. Currently, Metalpha holds around 30,500 ETH, valued at approximately $70.3 million. These actions have garnered attention in the market, indicating ongoing changes in Metalpha's demand and holding strategy for Ethereum.