On December 4, a community member reported in the official aelf Telegram group that the address 0xe2a220d98a8773326c2ba7f287645727ebc1f244 had sold 8,916,534 ERC20 ELF tokens, which impacted the ELF price on the ERC network. The user also asked whether this transaction was related to the aelf team.
Upon receiving the feedback, we promptly clarified in the community that we honestly have no information about this. Whatever happened with that address is not connected to any action from the aelf team.
Meanwhile, we conducted a review of the relevant on-chain activities via blockchain explorers.
Below is a summary of publicly verifiable on-chain information for community reference:
December 01, 2025:
8,916,534 ELF were transferred from Binance address 0x28C6c06298d514Db089934071355E5743bf21d60 (Binance 14) to address 0xe2a220d98a8773326c2ba7f287645727ebc1f244 (Funded By Binance 15 )
TXID:0x41392c13272321d51feefac19a60486495dbfdbc3f1438e0dcd2ce5dfa0c6c1c
December 02, 2025:
The tokens were transferred to address 0x50048C5D6575F915CD81f52D3Bf196D86b26067C (Funded By MEXC 1)
TXID:0x5711435f257012b296adad342c1d7576e551a62bfb03000ae73221e00f9a825e
December 03, 2025:
The tokens were transferred back from 0x50048C5D6575F915CD81f52D3Bf196D86b26067C (Funded By MEXC 1) to 0xe2a220d98a8773326c2ba7f287645727ebc1f244 (Funded By Binance 15 )
TXID:0x61faeddb3f99a61fcf87f458330066d73b4d3fd77603eda977ebcd828aa302c7
December 04, 2025:
Address 0xe2a220d98a8773326c2ba7f287645727ebc1f244 (Funded By Binance 15 )sold 8,916,534 ELF through Uniswap, via contract 0x9008D19f58AAbD9eD0D60971565AA8510560ab41 (CoW Protocol: GPv2Settlement), in three separate transactions.
Relevant on-chain records:
ELF token transfers related to 0xe2a220d98a8773326c2ba7f287645727ebc1f244 (Funded By Binance 15 ):
ELF token transfers related to 0x50048C5D6575F915CD81f52D3Bf196D86b26067C (Funded By MEXC 1):
This announcement aims to provide factual information regarding the relevant on-chain activities for community reference.
The aelf team will continue to uphold transparency and responsibility in communicating important matters.
Thank you for your understanding and support.
About aelf
aelf is an AI-enhanced Layer 1 blockchain network built for scalability, efficiency, and long-term reliability. Powered by the C# programming language and a modular multi-chain architecture, aelf provides developers and enterprises with a production-grade foundation for real-world innovation. Founded in 2017, aelf is pioneering the convergence of blockchain and AI while advancing decentralized science (DeSci) through initiatives like TomorrowDAO — its ecosystem platform that enables open, community-driven research funding and collaboration.
For more information about aelf, please refer to our Whitepaper V2.0.
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