Hong Kong listed company Yuxing Technology has sold 1220 ETH and exchanged it for 2.4 million USDT and 1 million USD in cash

Odaily Planet Daily News: According to a Hong Kong Stock Exchange announcement, Hong Kong listed company Yuxing Technology Investment Holdings Limited has sold 1220 ETH on the public market from August 4, 2024 to June 23, 2025, with an average price of $2814, for a total of $3.4 million (approximately HKD 26.8 million, excluding transaction costs). Yuxing Technology also disclosed that from August 4, 2024 to January 17, 2025, 785 ETH sold will be exchanged for 2.4 million USDT, and the remaining 435 ETH will be sold on June 23, 2025 to obtain $1 million in cash (equivalent to HKD 7.6 million). The net proceeds from the sale of ETH will be used for the company's general operating funds.