Reddit user discovers 61.3 million LRC moved to Loopring Exchange
Investors and market observers are speculating that a recent Loopring transaction is linked to a GameStop (GME) float. On Tuesday, a deposit of 61.3 million LRC ($164.8 million) was made on the Loopring Exchange. In addition, the assets were transferred from layer 1 to layer 2. This transaction was discovered by a Reddit user u/Prof Dankmemes, who claimed that the address that initiated the transfer had “connections.” The connection in question is said to have previously been linked to Loopring’s Chief Executive Officer and founder, Daniel Wang. This might be