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Paradigm linked Wallet transferred 6300 ETH, worth 17.6 million USD
[Chain News] There has been another major move on-chain today. A certain wallet address linked to Paradigm directly transferred 6300 ETH to a centralized platform. If this transaction is calculated at the current coin price, it is worth about 17.6 million dollars.
Transfers of this scale are generally either institutions adjusting their positions or preparing to cash out. Paradigm, as a well-known investment institution in the industry, has their on-chain activities regarded as a barometer. However, whether they are looking to offload or simply changing wallets for storage is not clear yet; we need to continue monitoring the subsequent transaction records.