Suspected wallet related to the former chairman of Bitkub unlocked and sold 139,600 ZEC
2026-09-25 19:21:19
CoinMeta data: According to mlm onchain monitoring, a group of wallets suspected to be associated with Bitkub co-founder and former chairman Sakolkorn Sakavee have been continuously unlocking and selling ZEC over the past approximately four weeks. mlm indicates that this group of wallets has sold a total of about 139,600 ZEC, which were worth about $111 million at the time of sale and are currently valued at around $223 million, meaning they missed out on a potential gain of over $111 million. Previously, on August 27th, mlm monitored this group of wallets unlocking a total of 65,820 ZEC, of which 53,900 were sold, while 536.7 BTC were purchased.
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