Arkham Detects $1.85 Million ETHFI Transfer from Anchorage Digital Wallet

Onchainschool reports Anchorage Digital moved millions in ETHFI tokens to an address that typically forwards them to Binance, though this batch remains unmoved.

ETHFI

Summary

Onchainschool reported that Anchorage Digital transferred 3.909 million ETHFI tokens, worth about $1.85 million, to another blockchain address roughly four hours ago. Historical blockchain data indicates this recipient address frequently deposits ETHFI tokens to Binance on a monthly basis. However, the transferred tokens from this latest transaction have not yet been moved to Binance or any other platform.

Terms & Concepts
  • ETHFI: A cryptocurrency token associated with Ethereum-focused projects, tradable on exchanges like Binance.
  • Anchorage Digital: A U.S.-based digital asset platform offering custody and other services to institutional cryptocurrency investors.
  • Binance: One of the world's largest cryptocurrency exchanges, offering trading, staking, and other digital asset services.