According to ChainCatcher, Paradigm transferred 5,500 ETH (approximately $8.66 million) to the institutional brokerage platform Anchorage about 3 hours ago. Over the past year, Paradigm has cumulatively transferred 96,955 ETH to Anchorage, with a total value of approximately $302 million, at an average price of around $3,110.
Similar operations previously often preceded subsequent transfers to exchanges like Coinbase and Binance, potentially preparing for a sale.
