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Coinbase Hot Wallet distributes 50 million PROVEs to 14 new addresses in 6 hours, worth approximately $41.19 million

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2025-10-09 02:00:36
Coinbase Hot Wallet distributed 50 million PROVEs worth $41.19 million to 14 new addresses in the last six hours.
The source of funds is traced back to the multi-signature address of the project party, and the specific purpose of this behavior cannot be determined at present. It may be to organize the CEX wallet, or it may have other uses.
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