PANews reported on August 9 that according to monitoring by on-chain analyst Yu Jin, an address suspected to belong to Sun Ge (0x5ac…17e) transferred 16,236 ETH from the bottom-fishing on August 5 to HTX one hour ago, and then transferred 4,500 ETH to Binance.

It is reported that the address purchased these ETH at an average price of $2,279 after the market crash on August 5, spending a total of $37 million. At present, the value of this batch of ETH has risen to $43.41 million, an increase of $6.41 million (+17.3%) in just 4 days.