Coinbase's hot wallet has distributed 50 million $PROVE tokens, valued at $41.19 million, to 14 new addresses over the past six hours. The source of these funds traces back to a project multi-signature address. The purpose of this distribution remains unclear, with possibilities ranging from internal wallet reorganization to other uses.
Coinbase Hot Wallet Distributes $41.19M in $PROVE to 14 New Addresses
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