The Aztec team, an Ethereum privacy L2 project, has cashed out all the ETH raised through its public sale.

CoinFeed reported on April 18th that, according to on-chain analyst Yu Jin, the Ethereum privacy L2 project Aztec has fully realized the ETH it obtained from the public sale of $AZTEC last year, with the transfer of the final 5,020 ETH ($12.33 million USD) to Coinbase 9 hours ago. In December last year, the project auctioned 15% of $AZTEC (1.5 billion tokens) for 19,388.4 ETH ($59.13 million USD). The $AZTEC offering price was $0.0473 USD (now down 50%).