On November 17th, COINOTAG reported significant activity involving the founder of WTF Academy, known as 0xAA. Utilizing real-time analytics from LookIntoChain, it was noted that 0xAA acquired 226 million SCIHUB tokens by expending 30.22 SOL coins, valued at approximately $6,600. This acquisition constitutes a notable 22.6% of the total SIHUB supply, marking a vital development in the token’s liquidity and market dynamics. As part of a philanthropic initiative, 0xAA has committed to donating 20% of these holdings to Alexandra Elbakyan, the founder of Sci-Hub.
In a recent transaction, 0xAA allocated 10 million SCIHUB tokens, equivalent to $190,000, to the designated Solana address instructed by Elbakyan. This transfer, representing 1% of the total SCIHUB supply, underscores the growing intersection of cryptocurrency and philanthropy. Currently, 0xAA retains 2.15 billion SCIHUB tokens, valued at around $4.1 million, although the exact framework for the donation is still under deliberation.