PANews reported on Sept. 13, citing on-chain tracker Ember, that Lisk’s token LSK surged from about $0.2 to as high as $2.37 in a sharp move that briefly put the price at roughly 11 times its earlier level. During the run-up, short liquidations reached about $36 million.
After the jump, Ember said a wallet suspected to be linked to Lisk co-founder and CEO Max Kordek transferred 3.3 million LSK to Binance, worth about $3.79 million. The attribution was based on an on-chain link: the sending wallet and another address that had previously received gas from an address related to Max Kordek were said to share the same Binance deposit address.
The report also made clear that the ownership claim has not been confirmed by either Lisk or Max Kordek. At this stage, the wallet label remains an inference drawn from on-chain associations rather than a verified identification.
PANews reported on Sept. 13, citing on-chain tracker Ember, that Lisk (LSK) climbed from about $0.2 to as high as $2.37 on the day, taking the token to roughly 11 times its earlier price. Short liquidations during the move reached about $36 million.
3.3 million LSK moved to Binance after the rally
Ember said that after the sharp price increase, a wallet suspected to be linked to Lisk co-founder and CEO Max Kordek transferred 3.3 million LSK to Binance, worth about $3.79 million.
The basis for that assessment, according to Ember, is that the sending wallet shared the same Binance deposit address as another address that had previously received gas from an address related to Max Kordek.
Ember added that the wallet attribution is still an inference based on on-chain associations and has not been confirmed by either Lisk or Max Kordek.
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