PANews reported on August 7 that chain analyst @ai_9684xtpa observed a suspected DFG founder liquidating long-held ETH by transferring 1,598 ETH to Binance and 3,634.2 ETH from two addresses, realizing an estimated $7.8M profit at a 141% return.
On August 7, PANews reported that chain analyst @ai_9684xtpa observed a suspected DFG founder, James Wo, liquidating long-held ETH. One address (0x77C...F201a) deposited 1,598 ETH to Binance, while two addresses transferred a total of 3,634.2 ETH (approximately $13.29M) over two days. The ETH, held since February-March 2023 at an average price of $1,521.95, would yield an estimated profit of $7.8M with a 141% return.