#Former Ontology co-founder transfers out 4669 ETH#
Hot Topic Overview
Overview
Andyjzd, former 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 These ETH were withdrawn from Binance a month and a half ago at a price of $3,708 and are now transferred back to Binance at a price of $3,352, resulting in a loss of $1.62 million.
Ace Hot Topic Analysis
Analysis
Former Ontology co-founder Andyjzd withdrew 4,669 ETH from Lido and transferred it to Binance 20 minutes ago, worth about $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 These ETH were withdrawn from Binance a month and a half ago at a price of $3,708, and now transferred back to Binance at a price of $3,352, resulting in a loss of $1.62 million.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 may be a decision made by Andyjzd for cashing out or making other investments, while others believe it may be due to market fluctuations. It is unclear what Andyjzd's specific reasons for transferring ETH are, but this event has undoubtedly raised concerns about the volatility of the cryptocurrency market.
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withdrawn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
USD
and
now
transferred
back
to
Binance
at
a
price
of
3,352
USD
resulting
in
a
loss
of
1.62
million
USD.
This
operation
may
be
related
to
market
fluctuations
or
it
could
be
Andyjzd's
personal
investment
strategy.
This
event
has
raised
concerns
about
the
volatility
and
investment
risks
in
the
cryptocurrency
market.