Liquid Capital Founder Transfers 8,000 ETH Worth $15.1 Million to Binance

Liquid Capital Founder Transfers 8,000 ETH Worth $15.1 Million to Binance

JackYi, founder of Liquid Capital, moved 8,000 ETH valued at $15.1 million to Binance, with current holdings of over 455,000 ETH, according to on-chain data.

ETH

Fact Check
The assessment is primarily based on one highly relevant and authoritative source. The MEXC news article directly supports the statement by identifying Yi Lihua as the founder of Liquid Capital and explicitly citing on-chain data from the blockchain analysis service LookOnChain as the source for the transaction information. This reference to primary on-chain data significantly strengthens the claim's credibility. While this is the only source that confirms the entire transaction, several other sources corroborate key details, lending further support. For instance, the Binance Square post and the Phemex news article also identify Yi Lihua as the founder of Liquid Capital, and Token Terminal confirms the company's existence. There is no conflicting evidence among the provided sources; the other articles are simply irrelevant to the specific transaction. The PANews report mentioning a '$15 million' figure is a coincidence of value, as the context is an entirely different investment round and not a personal fund transfer. The combination of a single, strong source citing primary data, supported by corroborating details from other sources, makes the statement highly likely to be true.
Summary

On February 6, JackYi, founder of Liquid Capital, transferred 8,000 ETH, worth $15.1 million, to Binance. The move highlights continued activity from large-scale investors, with the latest liquidation range reported at $1,523–$1,681. Current holdings stand at 455,335.03 ETH.

Terms & Concepts
  • On-chain analysis: The process of examining blockchain transaction data to identify wallets, transfers, and market trends.
  • ETH (Ethereum): The native cryptocurrency of the Ethereum network used for transactions and smart contracts (self-executing blockchain code).
  • Binance: A major global cryptocurrency exchange offering trading and related financial services.