On June 4, according to on-chain analyst Ai Yi, former ConsenSys ambassador Russell Verbeeten (@rverbee) has begun transferring large amounts of ETH after a year. His funds can be traced back to 10 years ago, with a cost basis as low as $5.60. Seven hours ago, he withdrew 20,426 ETH (worth $37.26 million) from Aave and subsequently distributed it to 10 new addresses, one of which has deposited 4,144 ETH into the Coinsquare exchange, while the other tokens have not yet been transferred or sold.
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Former ConsenSys Ambassador Russell Verbeeten Transfers 20,000 ETH, 4,144 of Which Have Been Deposited to Exchange
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