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Same Entity Behind $120 Million Torrent and 1,162 BTC Addresses in Today's Coin Withdrawal

Same Entity Behind $120 Million Torrent and 1,162 BTC Addresses in Today's Coin Withdrawal

Bitget2024/07/03 15:47
BTC+0.19%PEPE10.00%ETH+0.82%

According to a social media post by Lookonchain, the address that withdrew $120 million worth of cryptocurrency assets from CoinSafe today is the same entity behind the address that withdrew 1,162 BTC, which were both created six days ago and conducted test transactions with CoinSafe. As previously reported, a newly created address withdrew $120 million worth of crypto assets from CoinSafe 2 hours ago, mainly consisting of 40.7 million USDT, 9,425 ETH, 957.77 billion PEPE, 583.78 billion SHIB, and more. Another address withdrew 1,161.8 BTC (roughly $69.56 million) from CoinSafe from 2 hours ago at an average price of $59,867.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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