#Former Ontology co-founder transfers out 4669 ETH#
Hot Topic Overview
Overview
Andyjzd, former co-founder of Ontology, redeemed 4,669 ETH from Lido and transferred them to Binance from his jitrust.eth address. The transaction was worth approximately $15.65 million. These ETH were withdrawn from Binance a month and a half ago at $3,708 per ETH, and are now being transferred back to Binance at $3,352 per ETH, resulting in a loss of $1.62 million.
Ace Hot Topic Analysis
Analysis
Andyjzd, co-founder of Ontology, withdrew 4,669 ETH from Lido and transferred it to Binance 20 minutes ago, worth approximately $15.65 million. These ETH were withdrawn from Binance a month and a half ago at $3,708 per ETH and are now being transferred back at $3,352 per ETH, resulting in a loss of $1.62 million. This event has sparked questions about Andyjzd's investment strategy and market judgment. Some analysts believe that Andyjzd may be transferring ETH back to Binance to avoid larger losses in anticipation of a market downturn. However, others believe that Andyjzd's actions may have other reasons, such as the need for working capital or other personal investment plans. At this time, Andyjzd has not made any public statement regarding this matter.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Former Ontology co-founder Andyjzd redeemed 4669 ETH from Lido and transferred them to Binance, resulting in a loss of approximately $1.62 million.
This transaction took place a month and a half ago, Andyjzd withdrew these ETH from Binance at a price of $3708, and now transferred back to Binance at a price of $3352, resulting in a loss.
The address jitrust.eth marked by Arkham is believed to belong to Andyjzd.
This transaction has raised questions about Andyjzd's investment strategy and the price trend of ETH.