Cost as low as $5.6, former ConsenSys ambassador Russell Verbeeten moves 20,000 ETH in large transactions

Source: odaily4 hour ago

Odaily Odaily News: Former ConsenSys ambassador Russell Verbeeten (@rverbee) has started moving ETH in large amounts after a year-long hiatus. 7 hours ago, he withdrew 20,426 ETH (worth approximately $37.26 million) from Aave and subsequently distributed it to 10 new addresses. 4,144 ETH from one of these addresses has been deposited into an exchange, while the remaining tokens have not yet been moved or sold.

According to analysis, the source of these ETH funds can be traced back to 10 years ago, with a cost as low as $5.6 per coin.