Asset management company Metalpha applies to Lido for redemption of 10000 ETH

BlockBeats News: On August 16th, according to @ ai_9684xtpa monitoring, asset management company Metalpha applied to Lido to redeem 10000 ETH worth $25.72 million in the past 40 minutes. Since August, the institution has redeemed a total of 20000 ETH from Lido, of which 6895 out of the last 10000 ETH redeemed have been recharged into Binance in the past two days, worth $17.57 million, and are suspected to have been sold.