TechFlow reports that on June 22, 2024, on-chain investigator ZachXBT posted on X stating that an address transferred 1.96 million AVAX (approximately $54.2 million) to exchanges including Coinbase, Binance, and Gate, then withdrew over $46 million worth of BTC from Coinbase and Binance.
Previous report: ZachXBT stated in his personal channel that the decline in AVAX price may be related to this address transferring 1.96 million AVAX to exchanges such as Coinbase, Binance, and Gate.




