According to ChainCatcher, Arkham monitoring showed that on the eve of Binance’s announcement of the launch of the BRETT perpetual contract, an early BRETT holder: 0x85…528e transferred 19.29 million BRETT to Bybit at 15:59 UTC+8, worth approximately US$1.71 million.

Through tracing, it was found that the BRETT at 0x85…528e originated from 0xFd…2185. The address: 0xFd…2185 spent 0.067 ETH (about 178 US dollars) on February 24 this year to purchase 96.946 million BRETTs, and then distributed these BRETTs to multiple addresses and sold them successively in the past few months, earning tens of thousands of times the profit.