#Former Ontology co-founder transfers out 4669 ETH#
Hot Topic Overview
Overview
Andyjzd, former co-founder of Ontology, recently redeemed 4,669 ETH from Lido and transferred it to Binance, a transaction worth approximately $15.65 million. These ETH were withdrawn from Binance one and a half months ago at a price of $3,708, and are now being transferred back to Binance at a price of $3,352, resulting in a loss of $1.62 million.
Ace Hot Topic Analysis
Analysis
Former Ontology co-founder Andyjzd withdrew 4,669 ETH from Lido and transferred it to Binance, worth approximately $15.65 million. These ETH were withdrawn from Binance a month and a half ago at a price of $3,708, and now transferred back at a price of $3,352, resulting in a loss of $1.62 million. This move has drawn market attention, with many speculating about the reasons behind it. Some believe that Andyjzd may be bearish on the future of ETH and chose to take profits, while others believe it may be due to personal funding needs. Currently, Andyjzd has not publicly responded to the matter.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Former
Ontology
co-founder
Andyjzd
withdrew
4669
ETH
from
Lido
and
transferred
it
to
Binance
which
is
approximately
15.65
million
USD
These
ETH
were
withdrawn
from
Binance
a
month
and
a
half
ago
at
a
price
of
$3,708
and
are
now
transferred
back
to
Binance
at
a
price
of
$3,352
resulting
in
a
loss
of
$1.62
million
Andyjzd
may
have
transferred
the
ETH
to
Binance
for
cashing
out
or
other
investments
This
transfer
has
drawn
market
attention
because
Andyjzd
is
the
co-founder
of
Ontology
and
his
actions
may
have
an
impact
on
the
price
of
Ontology