LSK Surges 11x as Address Linked to Lisk CEO Deposits 3.3 Million LSK to Binance

Lisk (LSK) experienced a sharp price increase from $0.20 to $2.37, resulting in approximately $36 million in short liquidations. On-chain data indicates that an address suspected to be associated with Lisk co-founder and CEO Max Kordek transferred 3.3 million LSK, worth about $3.79 million, to Binance following the rally. This link is based on shared deposit addresses and has not been officially confirmed by Lisk or Max Kordek.