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Event ends: August 9, 16:00 UTC
More details: https://www
on-chain analyst: gate suspected to burn $63.88 million worth of GT in the fourth quarter of 2024
BlockBeats news, on March 6, according to ai9684xtpa monitoring, 8 hours ago, the hot wallet of gate transferred 2,904,885 GT (worth 63.88 million US dollars) to Address 0x2b8…5f308. The Address is exactly the same as the receiving Address in the official destruction record announced in the third quarter. If the destruction is true, the cumulative destruction of GT will increase to 177 million (about 3.9 billion US dollars); at present, gate has not yet released the announcement of destruction for the fourth quarter, so official information should be referred to. It is reported that affected by this news, GT briefly broke through $22.215 and is now reported at $22.183.