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GMGN-Associated Address Deposits 6,100 Ether Into Coinbase

The transfer was valued at about $16.38 million after the Ether moved from the Robinhood network to Ethereum mainnet six days earlier.

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A hand places a metallic coin beside a secure deposit slot / TokenPost.ai
A hand places a metallic coin beside a secure deposit slot / TokenPost.ai

A GMGN-associated address deposited 6,100 Ether (ETH) into Coinbase in a transfer valued at about $16.38 million, following the tokens’ move to Ethereum mainnet six days earlier.

The Ether had previously moved from the Robinhood network to Ethereum mainnet. The funds may have been fee revenue from the Robinhood network.

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