On Aug. 26, on-chain tracker Lookonchain said a cluster of wallets believed to be linked to Sakolkorn Sakavee, co-founder of Bitkub and its former chairman, moved 34,100 ZEC to Hyperliquid over the past 24 hours after removing privacy protection. The transfer was valued at about $26.1 million. According to the tracking data, the address later sold 24,100 ZEC worth roughly $18.5 million and used the proceeds to buy 238 BTC. About 10,000 ZEC, valued at around $7.6 million, remains on Hyperliquid, with related sell orders placed near $780. BlockBeats noted that the wallet attribution is still only a hypothesis based on blockchain analytics. No official source has confirmed that the addresses belong to Sakolkorn Sakavee.
On Aug. 26, blockchain analytics account Lookonchain reported that a cluster of wallets believed to be tied to Sakolkorn Sakavee, co-founder of Bitkub and the exchange’s former chairman, moved a total of 34,100 ZEC to Hyperliquid over the past 24 hours after removing privacy protection. The tokens were valued at about $26.1 million.
Lookonchain’s data shows that the address later sold 24,100 ZEC worth about $18.5 million and bought 238 BTC.
Roughly 10,000 ZEC remains on Hyperliquid, valued at about $7.6 million. Related sell orders are listed near $780.
BlockBeats added that the wallet attribution remains an inference from an on-chain analytics platform, and there is still no official confirmation that the addresses belong to Sakolkorn Sakavee.
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