#Former Ontology co-founder transfers 4669 ETH#

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Overview

Former Ontology co-founder Andyjzd withdrew 4,669 ETH (approximately $15.65 million) from Lido and transferred it to Binance 20 minutes ago. These ETH were withdrawn from Binance one and a half months ago at a price of $3,708, and are now being transferred back to Binance at a price of $3,352, resulting in a loss of $1.62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.

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Analysis

Former Ontology co-founder Andyjzd 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 These ETH were withdrawn from Binance a month and a half ago at a price of $3,708 and are now being transferred back to Binance at a price of $3,352, resulting in a loss of $1.62 million. This move has attracted market attention, with many speculating on Andyjzd's motives. Some believe it may be for cashing out, while others believe it may be for other investments. It is currently unclear what Andyjzd's specific intentions are, but this event has undoubtedly brought new thinking to the market.

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Former

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Ontology

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co-founder

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Andyjzd

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withdrew

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4,669

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ETH

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from

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Lido

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and

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transferred

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it

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to

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Binance

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which

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is

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approximately

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15.65

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million

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USD.

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These

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ETH

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were

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withdrawn

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from

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Binance

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a

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month

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and

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a

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half

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ago

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at

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a

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price

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of

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$3,708

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and

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now

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transferred

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to

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Binance

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at

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a

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price

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of

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$3,352

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resulting

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in

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a

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loss

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of

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$1.62

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million.

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This

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operation

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may

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be

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related

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to

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market

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fluctuations

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or

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Andyjzd's

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personal

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investment

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strategy.

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The

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event

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sparked

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market

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discussions

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on

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Andyjzd's

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investment

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strategy

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and

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the

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future

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trend

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of

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ETH.

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