Loopring founder and former CEO, Daniel Wang, recently transferred 34.88 million LRC tokens to Binance, with an approximate value of $8.41 million. Currently, Daniel Wang serves as the co-founder and CEO of Taiko, an Ethereum Layer 2 network based on zkRollup technology. These LRC tokens were received by him from the Loopring Foundation on December 29, 2023.

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<p>According to Spot On Chain, Daniel Wang, the founder and former CEO of Loopring, transferred 34.88 million LRC (approximately 8.41 million USD) to Binance 14 hours ago. Daniel Wang is currently also the co-founder and CEO of Taiko, an Ethereum Layer 2 network based on zkRollup. He received these tokens from the Loopring Foundation on December 29, 2023.</p>
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The founder of Loopring transferred 34.88 million LRC to Binance, valued at approximately 8.41 million USD.