According to TechFlow, on August 7, hundreds of wallets that had been idle for more than three years began to transfer large amounts of ETH, possibly involving 789,533 ETH (about $2 billion), according to Lookonchain monitoring. Through on-chain tracking, it was found that these funds came from the "Plus Token Ponzi 2" wallet, which dispersed ETH to thousands of addresses in 2020 and has not moved since April 2021.

About 3 hours ago, these wallets began to transfer ETH. The ETH transferred this time was seized during the Chinese police's crackdown on the Ponzi scheme PlusToken. A total of 194,775 BTC (about $11.2 billion), 833,083 ETH (about $2.11 billion), 487M XRP (about $252 million), 79,581 BCH (about $25.8 million), 1.4M LTC (about $82.3 million), 27.6M EOS (about $12.7 million), 74,167 DASH (about $1.7 million), 6B DOGE (about $60.9 million) and 213,724 USDT were seized in the related operations.