Cointelegraph reports that Lookonchain has tracked Metalpha's marked address depositing 6,999 ETH to Binance one hour ago, with the transaction valued at approximately $16.4 million based on current exchange rates. Over the past six days, Metalpha has cumulatively deposited 62,588 ETH into Binance, amounting to roughly $145.1 million in total value. Currently, Metalpha holds 23,500 ETH, which calculates to a market value of about $55 million. These series of actions have drawn attention and discussion from the market regarding Metalpha.