YGG: 25 million YGG tokens have been transferred from Ethereum to its Abstract treasury wallet, valued at approximately $1.7 million.

YGG4%

Foresight News reported that the blockchain gaming guild YGG tweeted that 25 million YGG tokens have been transferred from Ethereum to its Abstract treasury wallet, worth approximately $1.7 million. If users already hold tokens in Abstract, they can directly exchange them for YGG on Abstract DEX, then use the YGG tokens to obtain LOL tokens on the YGG Play distribution platform, or participate in the next round of YGG Play token issuance.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

ETH short-term increase of 1.52%: USDC large-scale burning and macro hedging sentiment resonate to boost buying interest

2026-03-02 15:30 to 15:45 (UTC), ETH price surged rapidly, with short-term returns reaching +1.52%. The fluctuation range was from 2021.82 to 2062.76 USDT, with an amplitude of 2.02%. This abnormal movement attracted widespread market attention, and volatility increased significantly. The main driver of this abnormal movement was the recent large-scale USDC Treasury burn event on the Ethereum mainnet. On January 29, 2026, 50 million USDC were burned, leading to a contraction in stablecoin circulation and accelerating the adjustment of the capital structure within the ecosystem. Some on-chain liquidity

GateNews26m ago

Vitalik Pushes Ethereum Redesign Past Layer 2 Focus

Vitalik Buterin proposes EIP-7864 to enhance Ethereum's scalability by replacing the hexary Merkle Patricia tree with a binary tree, reducing proof size and costs. He also suggests a shift towards a RISC-V-based execution engine to improve efficiency, though critics warn of increased complexity and potential vulnerabilities.

CryptoFrontNews27m ago

"Maqi" re-enters with a 25x leverage to go long on ETH, liquidation price at $2013

BlockBeats News, March 2nd, according to Hyperinsight monitoring, after a strong rebound in the market, "Big Brother Magi" Huang Licheng entered the market again to roll and go long. He has opened a 25x long position, holding 355 ETH, with a position size of $729,000. The entry average price was $2,005, and the liquidation price is $2,013.

GateNews27m ago

ETH Breaks Through 2050 USDT

Gate News bot message, Gate market display, ETH breaks through 2050 USDT, now priced at 2050.16 USDT.

CryptoRadar34m ago

Ethereum Price, BitMine Shares Jump as Tom Lee's Treasury Reports Latest Buy

BitMine Immersion Technologies has invested an additional $103 million in Ethereum, now holding 3.71% of the circulating supply. Despite significant unrealized losses, shares surged 8% as Ethereum rebounds. The firm anticipates increased revenue from staking its ETH holdings.

Decrypt37m ago

USDC Treasury burns approximately 61.5 million USDC on the Ethereum chain

ChainCatcher message: According to Whale Alert monitoring, the USDC Treasury has burned approximately 61.5 million USDC on the Ethereum chain.

GateNews1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)