Wu Shuo learned that, according to MLM on-chain monitoring, a group of wallets suspected to be related to Bitkub co-founder and former chairman Sakolkorn Sakavee has been continuously unlocking and selling ZEC over the past four weeks. MLM said the group of wallets has cumulatively sold about 139,600 ZEC, which was worth approximately $111 million at the time of sale; calculated at current prices, it would be worth about $223 million. This means they missed out on more than $110 million in potential upside. Previously, on August 27, MLM monitored that this group of wallets had cumulatively unlocked 65,820 ZEC and had sold 53,900 of them, while also buying 536.7 BTC.
