Monitoring data shows that Christian, the founder of the cryptocurrency bank Infini, sold 2,477 ETH, equivalent to approximately 11.66 million USD, and likely liquidated his ETH position.
According to transaction monitoring, 1,257 ETH was sold through Cowswap at an average price of 4,777.6 USD, and 1,220 ETH was transferred to Binance; previously, Infini had stated it would not file a lawsuit if the attacker returned 49.5 million USD.
MAIN CONTENT
Christian, the founder of Infini, was found selling 2,477 ETH (approximately 11.66 million USD).
The transaction is divided into 1,257 ETH through Cowswap (average price of 4,777.6 USD) and 1,220 ETH transferred to Binance.
Infini has stated it will not file a lawsuit if the attacker returns 49.5 million USD.
Who detected the transactions and based on what data?
Direct answer: The transaction was recorded by the Aiyi monitoring system according to the report dated August 28, providing on-chain data about transfers and sell orders.
Analysis: On-chain monitoring allows tracking of wallet addresses, Token quantities, and the switching point to the exchange or AMM. Aiyi's data specifies the timing and categorization of trading channels, helping to identify the sales through Cowswap and the deposits to Binance.
What are the details of the quantity and trading channel?
Direct answer: A total of 2,477 ETH was sold; of which, 1,257 ETH was sold through Cowswap at an average price of 4,777.6 USD, and 1,220 ETH was transferred directly to Binance.
Analysis: The division between AMM (Cowswap) and centralized exchanges (Binance) shows that part of the liquidity is being transferred to the exchange to enable fiat trading or faster conversions. If these transactions match near peak prices, they could exert significant selling pressure on the short-term market.
Does this mean that the address has liquidated its entire ETH position?
Direct answer: If all transactions are from the same related address, data shows that the address has eliminated the amount of ETH previously held.
Analysis: The confirmation of 'complete liquidation' depends on reconciling the entire wallet address and on-chain history. Current data indicates two main streams: sales on Cowswap and transfers to Binance; if there is no ETH left at the address, it is a sign that the entire position has been liquidated.
What has Infini previously stated about the legal action regarding the 49.5 million USD?
Direct answer: Previously, Infini announced that it would not file a lawsuit if the attacker returned 49.5 million USD.
Analysis: This statement indicates that Infini may prioritize asset recovery through negotiation rather than litigation. Legal consequences will depend on the ability to identify the attacker and the actual return of the requested amount.
Frequently asked questions
How much ETH was sold and how much money does it correspond to?
According to Aiyi's monitoring, 2,477 ETH was sold, equivalent to approximately 11.66 million USD according to the initial report.
What does the sale through Cowswap signify?
Selling through Cowswap indicates the use of a decentralized market to execute orders, often leading to price reductions and directly affecting AMM liquidity at that price level.
What could 1,220 ETH transferred to Binance lead to?
The transfer to Binance allows for faster sales through the centralized order book; if a large sell order is placed, it can impact the spot price on that exchange and spread to the broader market.
What conditions did Infini propose to avoid litigation?
According to previous information, Infini will not file a lawsuit if the attacker returns 49.5 million USD, a move aimed at prioritizing asset recovery.
Source: https://tintucbitcoin.com/nha-sang-lap-infini-nghi-ban-eth/
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