On February 27, blockchain analytics platform Onchain Lens reported that Patricio Worthalter, founder of POAP, transferred 2,000 ETH from his wallet to a Binance exchange address approximately nine hours prior. The transaction is valued at approximately $4.11 million based on current ETH market prices.
This significant on-chain movement has quickly drawn attention from the crypto community. Analysts are closely monitoring the situation, observing potential implications for the Ethereum ecosystem and exchange liquidity dynamics.
- Date: February 27
- Sender: Founder of POAP
- Recipient: Binance exchange
- Transfer amount: 2,000 ETH (~$4.11 million)