⚠️ AZTEC raises ETH funds fully liquidated! The project team has cashed out $59 million On-chain data shows that the Ethereum privacy L2 project Aztec’s raised ETH has been fully liquidated. Just 9 hours ago, the project team transferred the last 5,020 ETH (about $12.33 million) to Coinbase, which also means all ETH obtained from last year’s public offering has been fully processed. 📊 Breakdown of the sources and flows of funds: In December last year, Aztec sold 15% of the AZTEC tokens (about 1.5 billion units) through a public auction, raising a total of: 19,388.4 ETH about $59.13 million At that time, the fundraising price was $0.0473, while the current market price has dropped by about 50%. 📉 Fund usage At the TGE this February: Out of the raised funds, 4,234.6 ETH (about $12.91 million) was used to establish a liquidity pool Remaining 15,154 ETH (about $37 million): Transferred to the exchange Coinbase in stages over the past 3 months Final transfer: 5,020 ETH was completed to be transferred early this morning By this point, all ETH obtained from last year’s public offering has been fully processed. 🔎 How does the market view this behavior? For the project team, fund management after fundraising typically includes: Building liquidity Paying development and operating costs Hedging market risks Therefore, liquidating does not necessarily indicate a negative signal, but when large amounts of funds flow to exchanges, the market will still remain highly attentive. 🌱 A message for investors In the crypto market, project teams can plan their funds, but investors must manage their risks. Truly mature investors, are not the ones chasing stories, but the ones who understand fund flows and market structure. 🚀📊

#ETH Bitcoin and Ethereum are eternal gods; I will never lose money, only become more valuable, worth more than gold and silver, faith forever.

My prediction for crypto prices by the end of 2026. $BTC $150K $ETH $7K $SOL $400 $BNB $1500 $DOGE $0.5