Former ConsenSys ambassador Russell Verbeeten transferred 20,000 ETH, of which 4,144 have been deposited into exchanges.

CoinFeed reported on June 4th that, according to on-chain analyst Ai Yi, former ConsenSys ambassador Russell Verbeeten (@rverbee) has begun transferring large amounts of ETH after a year's hiatus. The funds can be traced back 10 years, with costs as low as $5.60. Seven hours ago, he withdrew 20,426 ETH ($37.26 million) from Aave, subsequently distributing it to 10 new addresses. 4,144 ETH from one of these addresses have already been deposited into the Coinsquare exchange, while the remaining tokens have not yet been transferred or sold.