Fenbushi Capital
Fenbushi Capital is the first and most active blockchain-focused venture capital firm in Asia. Founded in Shanghai in 2015 by veterans from both the blockchain and traditional financial industries, it has supported over 60 leading projects across four continents. These projects are leveraging blockchain technology to revolutionize industries such as finance, healthcare, supply chain, and consumer goods. Fenbushi's mission is to promote the healthy and sustainable growth of the global blockchain ecosystem. It works as a long-term strategic partner to its portfolio projects.
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If sold, it would result in a loss of $11.79 million. An address associated with Fenbushi Capital is suspected of offloading 11,101 ETH.
Odaily reports: According to monitoring by on-chain analyst Ai Yi, an address associated with Fenbushi Capital (0xaF3…74446) transferred 11,101 ETH, valued at $21.94 million, to a deposit address of Amber Group 8 hours ago. The transfer price was $1,977.24. Tracebacks show that between February 2024 and April 2024, this address withdrew a total of 33,398 ETH from Binance at an average price of $3,039.36, with a total value of approximately $101 million. Based on the current transfer price, if these 11,101 ETH were sold, it would result in a loss of $11.79 million.
Amber Group
Based
Based
Binance
Ethereum
A wallet associated with Fenbushi Capital withdrew 3,063 ETH from Aave and deposited it into Binance, generating an unrealized profit of approximately $969,000.
According to on-chain analytics platform Lookonchain (@lookonchain), the wallet address 0x859D—associated with Fenbushi Capital—withdrawed 3,063 ETH (approximately $7.13 million) from Aave and immediately deposited them into Binance. These ETH were withdrawn from Binance one month ago at an average price of $2,017; the current unrealized profit is approximately $969,000.
Aave
Binance
Ethereum
Lookonchain