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TechFlow news, Lookonchain monitoring data shows that an address starting with 0x431e transferred 50 million FTM (approximately $11 million) to Binance on the Fantom network yesterday. It is reported that the 0x431e address is marked as the Fantom Foundation address on the Ethereum network.
Andre Cronje clarified that this transfer of 50 million FTM was bridged via Binance to the Ethereum network, not sold. Original link
An address starting with 0x431e transferred 50 million FTM (approximately $11 million) to Binance on the Fantom network yesterday. The 0x431e address is labeled as the Fantom Foundation address on the Ethereum network. Andre Cronje clarified that the transfer of 50 million FTM was a cross-chain transaction to Ethereum via Binance, not a sale.
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