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Analysis: The previous payment address for 1.56 million SOL recharges was a Coinbase hot wallet

Analysis: The previous payment address for 1.56 million SOL recharges was a Coinbase hot wallet

Bitget2024/05/07 10:32

Golden Finance reported that according to the monitoring of on-chain analyst @ai_9684xtpa, after comparing the address labels of the two browsers Solscan and SolanaFM, the address for large transfers a year ago was the Coinbase exchange, and the receiving address for the recharge of 1.56 million SOL this afternoon was also the hot wallet address (not the recharge address, if it is a personal address, it should be transferred to the recharge address first), maybe there is something wrong with the label of Cielo Finance. Earlier today, the on-chain data showed that a whale transferred 1.56 million SOL to Coinbase a few hours ago, worth 240 million US dollars. The whale transferred this batch of SOL from Coinbase during April-May 2023, with an average price of about 22USDT.

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