Polychain Capital is suspected to have withdrawn 4,690 ETH from CEX in the past two days

Bitget App

Trade smarter

2024/04/10 02:25

According to third-party on-chain monitoring data, cryptocurrency investment firm Polychain Capital may have bought ETH after selling COMP: · They transferred 305,900 COMP (worth $26.57 million), which was obtained through investment in 2020, to Coinbase Prime via the address 0xfa9 between March 8 and March 18; · In the last two days, they withdrew 4,690 ETH (worth $16.72 million) from Binance and Coinbase Prime via the address 0xBcd.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

Trending news

U.S. stocks closed three hours early due to the Thanksgiving holiday, with the three major indexes collectively rising for the fifth consecutive trading day.

Data: If ETH falls below $2,886, the cumulative long liquidation intensity on major CEXs will reach $1.206 billions