TechFlow News: On April 18, blockchain analyst Ember (@EmberCN) reported that Aztec Network, an Ethereum privacy-focused Layer 2 project, transferred its final batch of 5,020 ETH (approximately $12.33 million) to Coinbase in the early hours today. This completes the full liquidation of the 19,388.4 ETH (approximately $59.13 million) raised during its December 2023 public auction. At the time, the project auctioned 15% of its AZTEC tokens (1.5 billion tokens) at a price of $0.0473 per token—roughly 50% lower than the current market price. During the Token Generation Event (TGE), the team withdrew 4,234.6 ETH to establish liquidity; the remaining 15,154 ETH were gradually transferred to Coinbase over the past three months.
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