## DFG CEO Reportedly Dumps ETH Stash James Wo, the CEO of Digital Finance Group (DFG), a prominent cryptocurrency venture capital firm, is rumored to have sold his entire Ethereum (ETH) holdings. This move allegedly netted him a substantial profit of $7.8 million. ## Alleged ETH Dump Details Crypto analyst ai_9684xtpa on X (formerly Twitter) reported that an address purportedly linked to James Wo deposited a total of 3634 ETH, valued at $13.3 million, to the Binance exchange within the past 48 hours. ## Strategic ETH Acquisition and Sale The analyst further claimed that these ETH tokens were acquired back in February 2023 at an average purchase price of $1522. This suggests a well-timed investment strategy that capitalized on the subsequent increase in ETH's value. While DFG and Wo have not officially confirmed the sale, the on-chain data has sparked discussion within the crypto community regarding the potential reasons behind this significant transaction. The crypto markets will be watching closely if DFG makes any official announcements. ```

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