58bro.eth Withdraws 8,000 Ether From OKX After an Earlier Deposit

Trader 58bro.eth (0x58bro) withdrew 8,000 Ether (ETH) from OKX at $2,007.27 per token, matching an earlier deposit without confirming a sale and repurchase.

The withdrawal occurred within the 50 minutes before 8:40 p.m. ET Thursday, Nov. 12 (Nov. 13 at 01:40 UTC). The address deposited 8,000 ETH on Nov. 4-5 at $2,397.41 each.

The equal amounts do not establish that 58bro.eth sold the deposited ETH and later bought back the same quantity. If the transactions reflected that sequence, the price difference across 8,000 ETH would equal $3,121,120.

TokenPost previously covered an Oct. 30 sale of 8,000 ETH by 58bro.eth, followed by a 10.5 million USDT withdrawal for debt repayment. At the time, the trader moved more than $17.96 million in ETH redeemed from Aave to OKX through multiple transfers.

Enna Lee

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].