Polychain Capital is suspected to have withdrawn 4,690 ETH from CEX in the past two days
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.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%