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Matrixport is actively reallocation to BTC, selling off ETH

By: theblockbeats.news|2025/08/23 12:42:09

BlockBeats News, August 23rd, according to lookIntoChain monitoring, Matrixport is currently conducting a BTC swap using ETH. In the past 2 hours, they have withdrawn 2,354.6 BTC (approximately $272 million) from Binance and OKX.

In the past 4 hours, multiple wallets associated with Matrixport have deposited 95,873 ETH (approximately $452 million) to Binance and OKX.

BlackRock's Ethereum ETF Holding Surpasses $15 Billion in Value, with a 50% Increase in the Past Month

Bitcoin Deposit Trend Continues, with CEX Net Inflow of 5,904.49 BTC in the Last 24 Hours