GNGN-linked address deposits 6,100 ETH to Coinbase, worth $16.38 million

GNGN-linked address deposits 6,100 ETH to Coinbase, worth $16.38 million

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News Editor
2026-09-28 01:30:12
A GNGN-linked address deposited 6,100 ETH into Coinbase about eight hours ago, according to on-chain analyst Ai Yi, with the transfer valued at $16.38 million. The address involved was identified as 0x5d04...60db. On-chain records cited in the update show the ETH had been bridged from the Robinhood network to the Ethereum mainnet six days earlier. The funds may represent fee revenue generated on the Robinhood network. The report was published by Odaily as a brief market update and did not provide additional details beyond the observed transfer path, timing, and estimated value.

Odaily reported, citing on-chain analyst Ai Yi, that a GNGN-linked address, 0x5d04...60db, deposited 6,100 ETH to Coinbase about eight hours ago. The transfer was valued at $16.38 million.

Looking further back, the same ETH was bridged from the Robinhood network to the Ethereum mainnet six days ago. The funds may be fee revenue from the Robinhood network.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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