Ethereum Privacy L2 Project Aztec Team Completes Public Sale ETH Liquidation
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Summary
BroadChain learned that at 11:30 on April 18, according to PANews, on-chain analysts monitored that the team behind the Ethereum privacy L2 project Aztec transferred the final batch of 5,020 ETH (approximately $12.33 million) to Coinbase 9 hours ago, marking the complete liquidation of all ETH raised from its public sale last year. The project raised 19,388.4 ETH (worth approximately $59.13 million at the time) in December last year through a public auction of 15% of its $AZTEC tokens (1.5 billion tokens), with a public sale price of $0.0473 per token. The current price has fallen by approximately 50%. During the Token Generation Event (TGE) in February this year, the project team transferred the raised
BroadChain has learned that at 11:30 on April 18, according to PANews, on-chain analysts have monitored that the team behind the Ethereum privacy L2 project Aztec transferred the final batch of 5,020 ETH (approximately $12.33 million) to Coinbase 9 hours ago, marking the complete liquidation of the ETH raised from its public sale last year. The project raised 19,388.4 ETH (worth approximately $59.13 million at the time) through a public auction of 15% of its $AZTEC tokens (1.5 billion tokens) in December last year, with a public sale price of $0.0473 per token. The current price has fallen by approximately 50%. During the Token Generation Event (TGE) in February this year, the project team withdrew 4,234.6 ETH (approximately $12.91 million) from the raised funds to establish a liquidity pool. The remaining 15,154 ETH (currently worth approximately $37 million) were gradually transferred to Coinbase over the past three months, with the final transfer completed early this morning.