Two wallets return over $1.4M in RIVER token to Bitget, holding $13M in gains

Two major crypto wallets have sent back over $1.4 million in RIVER tokens to Bitget, with approximately $13 million still held in tokens, reflecting significant profits from prior withdrawals.

Summary

Two wallets that previously withdrew large amounts of RIVER tokens from Bitget have returned over $1.4 million in RIVER to the exchange. These tokens were routed through multiple new wallets, and the wallets currently hold $13 million worth of RIVER tokens, yielding profits around 200%.

Terms & Concepts
  • Cryptocurrency wallet: A blockchain address used to store and transfer digital assets.
  • RIVER token: A cryptocurrency token named RIVER referenced in the reported transfers.
  • Transfer routing: Sending tokens through multiple new addresses before reaching the destination wallet.