Former ConsenSys ambassador Russell Verbeeten transferred 20,000 ETH, of which 4,144 have been deposited into exchanges.

On June 4th, according to on-chain analyst Ai Yi, former ConsenSys ambassador Russell Verbeeten (@rverbee) has started transferring significant amounts of ETH after a year-long break. The funds, traceable back 10 years, were acquired at a low cost of $5.60. Seven hours ago, he withdrew 20,426 ETH ($37.26 million) from Aave and distributed it to 10 new addresses. 4,144 ETH from one of these addresses has been deposited into the Coinsquare exchange, while the remaining tokens have not yet been transferred or sold.