Alleged DFG Founder James Wo's Address Liquidates ETH, Expected Profit of $7.796 Million

BlockBeats News, August 7th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), it was monitored that the suspected DFG founder James Wo's address liquidated the ETH held for over two years, with an estimated profit of $7.796 million.

Address 0x77C...F201a deposited 1598 ETH to Binance six hours ago, and in the past two days, the two addresses transferred a total of 3634.2 ETH (approximately $13.29 million) to a trading platform; this portion of ETH was acquired between February and March 2023 at an average price of $1521.95. If sold, a profit of $7.796 million would be made, with a return on investment of 141%.