#Former Ontology Co-founder Loses $1.62 Million#

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Andyjzd, a former Ontology co-founder, recently redeemed 4,669 ETH from Lido and transferred it to Binance. According to on-chain analyst Ember's monitoring, Arkham labeled the address as jitrust.eth. These ETH were withdrawn from Binance a month and a half ago at a price of $3,708, and now transferred back to Binance at a price of $3,352, resulting in a loss of $1.62 million.

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Andyjzd, the former co-founder of Ontology, recently redeemed 4,669 ETH from Lido and transferred them to Binance, a transaction worth approximately $15.65 million. However, these ETH were withdrawn from Binance a month and a half ago at a price of $3,708 and are now being transferred back to Binance at a price of $3,352, resulting in a loss of $1.62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. This event has raised questions about Andyjzd's investment strategy and market judgment, and also reflects the risk of current market volatility in the crypto market.

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Former Ontology co-founder Andyjzd redeemed 4669 ETH on Lido and transferred it to Binance, resulting in a loss of 1.62 million USD.

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Andyjzd withdrew ETH from Binance a month and a half ago at a price of 3708 USD and now transferred it to Binance at a price of 3352 USD, resulting in a loss.

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This operation may be related to market fluctuations or Andyjzd's personal investment strategy.

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The incident has raised concerns about the volatility and investment risks in the cryptocurrency market.

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