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Suspected Elwood address withdrew 8014.6 ETH from CEX again 6 hours ago

Suspected Elwood address withdrew 8014.6 ETH from CEX again 6 hours ago

Bitget2024/07/11 01:18
ETH+1.17%

Chain analyst EmberCN tweeted that an address withdrew 8,014.6 ETH (about $25 million) from CEX again six hours ago, and has withdrawn a total of 24,463.3 ETH (about $75 million) in the past 24 hours at an average price of $3,066 per ETH. This address may belong to Elwood.

It is reported that Elwood minted and transferred $75 million USDC from Circle into CEX in the past day, then withdrew ETH worth $75 million (24,463.3 coins) from CEX through this address.

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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