Paradigm Capital, an independent investment dealer, moved 3,718 ETH to Anchorage Digital on Sunday, April 28. This transaction marked Paradigm's first ETH transfer in the last three months. Ethereum holds the largest share in Paradigm's investment portfolio, totaling 83,518 ETH.

At the time of the transfer, the value of the transaction was around $12 million, contributing to Paradigm's total crypto assets of approximately $415 million. However, following the transfer, the portfolio balance surged to over $422 million.