Aztec Network team has fully liquidated its public sale ETH, transferring over 15,000 ETH to Coinbase.
According to on-chain analyst Yujin (@EmberCN), 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 liquidation of all 19,388.4 ETH (approximately $59.13 million) raised during its public auction in December last year. 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, while the remaining 15,154 ETH were gradually transferred to Coinbase over the past three months.
