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Lookonchain: Erm, actually the B of ETH was sold back in 2021

Lookonchain: Erm, actually the $2B of ETH was sold back in 2021

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Source: Coin Telegraph

Lookonchain shared that Plus Token had begun moving nearly $2 billion in ETH but it turns out most of it had already been sold in 2021.

Independent analysts have debunked a recent social media post claiming that “hundreds of dormant wallets” linked to the multibillion-dollar crypto scam Token Plus had begun shifting nearly $2 billion in Ether. 

In a now-deleted Aug. 6 post to X, blockchain analytics service Lookonchain initially claimed that wallets linked to TokenPlus had begun shifting some 789,533 ETH — worth $1.8 billion at current prices.

As it turns out, the amount may have been much lower than initially stated.

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Author: Tom Mitchelhill