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
Web3 fantasy sports platform Sorare will migrate to Solana
DeFi Development announces the launch of the Japanese Solana treasury project DFDV JP
Vitalik received 6.29 million unlocked STRK allocations worth $1.01 million
Trending news
MoreCrypto prices
More








