Bitkub Co-Founder Allegedly Receives $26 Million ZEC in Linked Wallet, Sells and Buys 238 BTC

BlockBeats News, August 26th, according to LookIntoChain monitoring, a wallet cluster allegedly associated with Bitkub co-founder and former chairman Sakolkorn Sakavee has de-shielded privacy and transferred a total of 34,100 ZEC to Hyperliquid in the past 24 hours, worth approximately $26.1 million.

Subsequently, the address has sold 24,100 ZEC, worth about $18.5 million, and bought 238 BTC. Currently, there are still about 10,000 ZEC on Hyperliquid, worth around $7.6 million, with the related sell order price at about $780.

Note: Currently, it is only speculation by on-chain data analysis platforms on the wallet's association, and there is no official information confirming that these addresses belong to Sakolkorn Sakavee.