Aztec Network has transferred all ETH proceeds from its public auction last year to Coinbase, according to on-chain analyst EmberCN. The final transfer of 5,020 ETH, valued at approximately $12.33 million, was completed nine hours ago. In December, Aztec sold 15% of its AZTEC tokens, raising 19,388.4 ETH (around $59.13 million) at an auction price of approximately $0.0473 per token, which has since fallen by about 50%. In February, during the Token Generation Event (TGE), Aztec allocated 4,234.6 ETH (about $12.91 million) from the auction funds to establish liquidity. The remaining 15,154 ETH (approximately $37 million) has been gradually transferred to Coinbase over the past three months, with the final transfer completed today.