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The former Ontology co-founder redeemed 4669 ETH from Lido and transferred it to CEX, approximately equivalent to 15.65 million US dollars

The former Ontology co-founder redeemed 4669 ETH from Lido and transferred it to CEX, approximately equivalent to 15.65 million US dollars

Bitget2025/01/16 13:14

According to on-chain analyst Yu Jing, Arkham noted that the address jitrust.eth belonging to former Ontology co-founder @Andyjzd redeemed 4,669 ETH (approximately $15.65 million) from Lido and transferred it into CEX 20 minutes ago.

These ETH were withdrawn from CEX one and a half months ago at a price of $3,708 each, and are now being transferred back into CEX at a price of $3,352 each, resulting in a loss of $1.62 million.

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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.

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