A certain exchange's hot wallet distributed 50 million PROVE tokens, worth approximately $41.19 million, to 14 new addresses within 6 hours.
Jinse Finance reported that a certain exchange's hot wallet distributed 50 million PROVE, worth $41.19 million, to 14 new addresses in the past 6 hours. Tracing the source of funds shows that it originated from the project's multi-signature address. The specific purpose of this action is currently unclear; it may be for organizing CEX wallets or for other uses.
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.
You may also like
Data: 4.1136 million PENDLE transferred from Polychain Capital to FalconX, worth approximately $9 million
Security Alert: ZEROBASE frontend hacked, malicious contract obtains USDT authorization
