#Former Ontology co-founder transfers out 4669 ETH#
Hot Topic Overview
Overview
Andyjzd, former co-founder of Ontology, recently redeemed 4669 ETH from Lido and transferred it to Binance, equivalent to approximately $15.65 million. These ETH were withdrawn from Binance a month and a half ago at a price of $3708, and are now transferred back to Binance at a price of $3352, resulting in a loss of $1.62 million.
Ace Hot Topic Analysis
Analysis
Former Ontology co-founder Andyjzd redeemed 4,669 ETH from Lido and transferred them to Binance, a transaction worth approximately $15.65 million. These ETH were withdrawn from Binance a month and a half ago at a price of $3,708, and are now being transferred back at a price of $3,352, resulting in a loss of $1.62 million. This move has drawn market attention, with some analysts believing it could be a decision made by Andyjzd to cash out or invest in other opportunities. However, the specific motivation remains unclear and needs further observation.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Former
Ontology
co-founder
Andyjzd
withdrew
4669
ETH
from
Lido
and
transferred
them
to
Binance
worth
about
15.65
million
USD.
These
ETH
were
withdrawn
from
Binance
a
month
and
a
half
ago
at
a
price
of
3,708
USD
and
now
transferred
back
to
Binance
at
a
price
of
3,352
USD
resulting
in
a
loss
of
1.62
million
USD.
This
may
be
due
to
market
fluctuations
leading
to
investment
losses
or
it
may
be
due
to
Andyjzd's
personal
investment
strategy
adjustments.
This
event
has
raised
concerns
about
the
volatility
and
investment
risks
of
the
cryptocurrency
market.