PANews reported on December 5 that according to monitoring by on-chain analyst @ai_9684xtpa, Synthetic's early investment institution Framework Ventures recharged 6.5 million SNX worth US$19.5 million to Coinbase 3 hours ago.

Framework is the largest institutional holder of SNX and a major shareholder of Synthetic. Before the deposit, it held 7.1% of the total tokens and currently has $51.19 million worth of SNX left.