diff --git a/internal/ethapi/api.go b/internal/ethapi/api.go
index d8103c926a..8bf32260cb 100644
--- a/internal/ethapi/api.go
+++ b/internal/ethapi/api.go
@@ -1105,6 +1105,7 @@ type CallBatch struct {
 type callResult struct {
 	ReturnValue hexutil.Bytes  `json:"return"`
 	Logs        []*types.Log   `json:"logs"`
+	Transfers   []transfer     `json:"transfers,omitempty"`
 	GasUsed     hexutil.Uint64 `json:"gasUsed"`
 	Error       string         `json:"error"`
 }
@@ -1116,12 +1117,11 @@ type callResult struct {
 //
 // Note, this function doesn't make any changes in the state/blockchain and is
 // useful to execute and retrieve values.
-func (s *BlockChainAPI) Multicall(ctx context.Context, blocks []CallBatch, blockNrOrHash rpc.BlockNumberOrHash) ([][]callResult, error) {
+func (s *BlockChainAPI) Multicall(ctx context.Context, blocks []CallBatch, blockNrOrHash rpc.BlockNumberOrHash, includeTransfers *bool) ([][]callResult, error) {
 	state, header, err := s.b.StateAndHeaderByNumberOrHash(ctx, blockNrOrHash)
 	if state == nil || err != nil {
 		return nil, err
 	}
-
 	// Setup context so it may be cancelled before the calls completed
 	// or, in case of unmetered gas, setup a context with a timeout.
 	var (
@@ -1166,7 +1166,14 @@ func (s *BlockChainAPI) Multicall(ctx context.Context, blocks []CallBatch, block
 			// Hack to get logs from statedb which stores logs by txhash.
 			txhash := common.BigToHash(big.NewInt(int64(i)))
 			state.SetTxContext(txhash, i)
-			result, err := doCall(ctx, s.b, call, state, header, timeout, gp, &blockContext, &vm.Config{NoBaseFee: true, DisableECRecover: true})
+			vmConfig := &vm.Config{NoBaseFee: true}
+			if block.ECRecoverOverride != nil {
+				vmConfig.DisableECRecover = true
+			}
+			if includeTransfers != nil && *includeTransfers {
+				vmConfig.Tracer = newTracer()
+			}
+			result, err := doCall(ctx, s.b, call, state, header, timeout, gp, &blockContext, vmConfig)
 			if err != nil {
 				results[bi][i] = callResult{Error: err.Error()}
 				continue
@@ -1180,7 +1187,11 @@ func (s *BlockChainAPI) Multicall(ctx context.Context, blocks []CallBatch, block
 			for _, l := range logs {
 				l.TxHash = common.Hash{}
 			}
-			callRes := callResult{ReturnValue: result.Return(), Logs: logs, GasUsed: hexutil.Uint64(result.UsedGas)}
+			var transfers []transfer
+			if includeTransfers != nil && *includeTransfers {
+				transfers = vmConfig.Tracer.(*tracer).Transfers()
+			}
+			callRes := callResult{ReturnValue: result.Return(), Logs: logs, Transfers: transfers, GasUsed: hexutil.Uint64(result.UsedGas)}
 			if result.Err != nil {
 				callRes.Error = result.Err.Error()
 			}
diff --git a/internal/ethapi/api_test.go b/internal/ethapi/api_test.go
index 12682afb33..4da72ce6c9 100644
--- a/internal/ethapi/api_test.go
+++ b/internal/ethapi/api_test.go
@@ -629,20 +629,23 @@ func TestMulticall(t *testing.T) {
 		b.AddTx(tx)
 	}))
 	var (
-		randomAccounts = newAccounts(4)
-		latest         = rpc.BlockNumberOrHashWithNumber(rpc.LatestBlockNumber)
+		randomAccounts   = newAccounts(4)
+		latest           = rpc.BlockNumberOrHashWithNumber(rpc.LatestBlockNumber)
+		includeTransfers = true
 	)
 	type res struct {
 		ReturnValue string `json:"return"`
 		Error       string
 		Logs        []types.Log
 		GasUsed     string
+		Transfers   []transfer
 	}
 	var testSuite = []struct {
-		blocks    []CallBatch
-		tag       rpc.BlockNumberOrHash
-		expectErr error
-		want      [][]res
+		blocks           []CallBatch
+		tag              rpc.BlockNumberOrHash
+		includeTransfers *bool
+		expectErr        error
+		want             [][]res
 	}{
 		// State build-up over calls:
 		// First value transfer OK after state override.
@@ -919,10 +922,55 @@ func TestMulticall(t *testing.T) {
 				GasUsed:     "0x52f6",
 			}}},
 		},
+		// Test ether transfers.
+		{
+			tag: latest,
+			blocks: []CallBatch{{
+				StateOverrides: &StateOverride{
+					randomAccounts[0].addr: OverrideAccount{
+						Balance: newRPCBalance(big.NewInt(100)),
+						// Yul code that transfers 100 wei to address passed in calldata:
+						// object "Test" {
+						//    code {
+						//        let recipient := shr(96, calldataload(0))
+						//        let value := 100
+						//        let success := call(gas(), recipient, value, 0, 0, 0, 0)
+						//        if eq(success, 0) {
+						//            revert(0, 0)
+						//        }
+						//    }
+						// }
+						Code: hex2Bytes("60003560601c606460008060008084865af160008103601d57600080fd5b505050"),
+					},
+				},
+				Calls: []TransactionArgs{{
+					From:  &accounts[0].addr,
+					To:    &randomAccounts[0].addr,
+					Value: (*hexutil.Big)(big.NewInt(50)),
+					Input: hex2Bytes(strings.TrimPrefix(randomAccounts[1].addr.String(), "0x")),
+				}},
+			}},
+			includeTransfers: &includeTransfers,
+			want: [][]res{{{
+				ReturnValue: "0x",
+				GasUsed:     "0xd984",
+				Transfers: []transfer{
+					{
+						From:  accounts[0].addr,
+						To:    randomAccounts[0].addr,
+						Value: big.NewInt(50),
+					}, {
+						From:  randomAccounts[0].addr,
+						To:    randomAccounts[1].addr,
+						Value: big.NewInt(100),
+					},
+				},
+			}}},
+		},
 	}
 
 	for i, tc := range testSuite {
-		result, err := api.Multicall(context.Background(), tc.blocks, tc.tag)
+		result, err := api.Multicall(context.Background(), tc.blocks, tc.tag, tc.includeTransfers)
 		if tc.expectErr != nil {
 			if err == nil {
 				t.Errorf("test %d: want error %v, have nothing", i, tc.expectErr)
diff --git a/internal/web3ext/web3ext.go b/internal/web3ext/web3ext.go
index 19dc2d2e14..943854a7da 100644
--- a/internal/web3ext/web3ext.go
+++ b/internal/web3ext/web3ext.go
@@ -614,8 +614,8 @@ web3._extend({
 		new web3._extend.Method({
 			name: 'multicall',
 			call: 'eth_multicall',
-			params: 2,
-			inputFormatter: [null, web3._extend.formatters.inputDefaultBlockNumberFormatter],
+			params: 3,
+			inputFormatter: [null, web3._extend.formatters.inputDefaultBlockNumberFormatter, null],
 		}),
 	],
 	properties: [