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A clean, structured exit over time rather than any panic move. Aztec Network has now deposited the final 5,020 Ethereum (~$12.33M) to Coinbase, effectively wrapping up the distribution of the $ETH they received from last year’s token sale.
quick recap of the flow👇
sold 1.5B $AZTEC → received 19,388 #ETH (~$59.1M)
4,235 ETH (~$12.9M) → added to liquidity (supporting the market)
remaining 15,154 ETH (~$47.2M) → gradually sent to Coinbase over ~3 months
final batch just landed → cycle complete.
The key thing here is how they did it--this wasn’t a single dump. it was spread out, controlled, and averaged around $2,441, which is exactly how larger entities offload size without nuking the market.
SO THE CONCLUSION we guess: not bearish by default, it’s more like: treasury management, profit realization, maintaining liquidity balance, big players don’t rush… they unwind quietly.
address:0x13620833364653fa125cCDD7Cf54b9e4A22AB6d9