Ethereum black hole

It is reported that according to Whale Alert monitoring, Crypto.com, a crypto exchange, transferred 200 million CROs (about US $17.5 million) to the address of Ethereum black hole. Interpretation of this information: The news of Crypto.com transferring 200 million CROs, worth approximately US $17.5 million, to the address of Ethereum black hole has sparked discussions in the crypto community. The transfer was reported by Whale Alert monitoring, which tracks large cryptocurrency transactions. The Ethereum black hole is an address that serves the purpose of not having a private key. This…