Analyst: Suspected DFG founder James Wo liquidates ETH from his address, expected profit of $7.796 million

ChainCatcher news, according to on-chain analyst Ai Yi (@ai_9684xtpa), it is monitored that the suspected DFG founder James Wo's address has liquidated ETH held for more than two years, expected to profit $7.796 million.

Address 0x77C…F201a deposited 1,598 ETH to Binance six hours ago. In the past two days, two addresses have transferred a total of 3,634.2 ETH (approximately $13.29 million) to the trading platform; this portion of ETH was acquired at an average price of $1,521.95 from February to March 2023. If sold, it would yield a profit of $7.796 million, with a return rate of 141%.