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.
Source:X
This content is for market information only and does not constitute investment advice.
Follow HKWDB official accounts to stay updated

Hot Articles
Refresh

Is PAXG Stable? Is Gold-Backed Better Than Stablecoins?
09-24 18:04

ETH Rebounds to $2,800: Can It Hold $3,200 by Month-End?
09-23 11:07

What is Bybit Exchange? Is Bybit Safe with EU Dual Licenses?
09-21 18:42

Bitcoin 5-Year Outlook: $75.5K Miner Cost, Crash or Floor?
09-20 19:23

Legit Bitcoin Trading Apps 2026: Top 4 Safe & Regulated Picks
09-18 18:52



