According to Arkham analyst Emmett Gallic, entities linked to Aleksey Bilyuchenko, who has been charged by the U.S. Department of Justice in connection with the Mt. Gox hack, transferred another 1,300 BTC (about $114 million) to unknown exchanges over the past seven days. They currently still hold 4,100 BTC (around $360 million) and have sold a total of 2,300 BTC. https://x.com/emmettgallic/status/2003476401664544900…

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This article is from Prince, co-founder of Avon.
Compiled by Odaily Odaily(@OdailyChina); Translated by Azuma (@azuma_eth)
TL;DR
People's use of DeFi has become highly similar. The market and infrastructure are maturing, but users' mentality has gradually shifted from curiosity to caution. The reward mechanism has changed from "users bear the risks and rewards themselves" to "users wait to be rewarded," and participation behavior has gradually converged around incentives.
The Fading DeFi
DeFi gives people the feeling that...