Ashes: Aztec’s public fundraising received 19,400 ETH, all of which have been transferred to Coinbase, with liquidation completed.

robot
Abstract generation in progress

Wu Shuo learned that, according to on-chain analyst EmberCN monitoring, the Aztec Network project team has transferred all ETH obtained from last year’s public auction of AZTEC into Coinbase, with the last transfer of 5,020 ETH (about $12.33 million) completed nine hours ago. EmberCN stated that in December last year, Aztec sold 15% of AZTEC (about 1.5 billion tokens) through a public auction, raising a total of 19,388.4 ETH (about $59.13 million), at a fundraising price of approximately $0.0473 per token, which is about a 50% decline from the fundraising price. During the TGE in February this year, the project team allocated 4,234.6 ETH (about $12.91 million) from the auction funds to establish liquidity; the remaining approximately 15,154 ETH (about $37 million) has been gradually transferred into Coinbase over the past three months, with the final transfer completed today.

AZTEC2.49%
ETH1.94%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin