Succinct-linked address transfers $2.86M in PROVE to Arthur Hayes

An address believed to be associated with zero-knowledge (ZK) proof startup Succinct transferred 3.21 million PROVE, worth $2.86 million, to a Bybit deposit address belonging to BitMEX co-founder Arthur Hayes 11 hours ago, on-chain analyst ai_9684xtpa reported. The reason for the transfer is unclear.