Youbi Capital is accused of sending 10.5 million $YGG (5.32 million USD) to Binance for sale

Youbi Capital Wallet:

0x32adbfc887bda515d34f48350820539621fb564a

This 10.5 million YGG was transferred out of Youbi Capital's wallet 0x32a on April 15 and eventually reached the current transfer wallet on April 22.

This deposit is also believed to be Youbi Capital's significant activity $YGG for the first time after 1.25 years.

Overall, Youbi Capital is an investor in Yield Guild Games and received most of the YGG from the project. Currently, the VC still holds 3.74 million $YGG (1.9 million USD):

- Received a total of 16 million YGG (worth 6.02 million USD) from the transfer agreement of Yield Guild Games from August 3, 2022, to May 6, 2024, at an average price of $0.376

- Continued to withdraw 5.54 million YGG from Binance at an average price of $0.34 (1.88 million USD) on September 22, 2022, and August 9, 2023.

- Has sent 17.8 million YGG to Binance at an average price of $0.476 (8.48 million USD) since August 4, 2022.