Framework Ventures Deposits $19.5M In SNX To Coinbase, Signaling Potential Profit

Framework Ventures, a major early investor in Synthetix and the largest institutional holder of its native token SNX, has deposited 6.5 million SNX (valued at $19.5 million) to Coinbase just three hours ago.

This move has drawn attention as it highlights Framework’s active management of its holdings in the Synthetix ecosystem.

Before this deposit, Framework Ventures held 7.1% of SNX’s total circulating supply, reaffirming its significant stake in the project. The firm still retains 17.9 million SNX tokens, worth approximately $54 million, all of which remain vested.

Synthetic 早期投资机构 Framework Ventures 在 3 小时前向 #Coinbase 充值了 650 万枚 $SNX ，价值 1950 万美金！