Suspected DFG founder James Wo liquidates ETH holdings, estimated profit of $7.796 million

According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that the address suspected to belong to DFG founder James Wo has liquidated its ETH holdings of over two years, with an estimated profit of $7.796 million. Six hours ago, address 0x77C...F201a deposited 1,598 ETH to an exchange, and over the past two days, two addresses have transferred a total of 3,634.2 ETH (approximately $13.29 million) to trading platforms. This batch of ETH was accumulated between February and March 2023 at an average price of $1,521.95. If sold, it would yield a profit of $7.796 million, representing a 141% return.