In the latest update on August 7th, Kain Warwick, the founder of Synthetix, successfully unlocked and claimed 150,000 ILV tokens from the Illuvium Vesting contract on his personal address. This operation led to his personal assets reaching an approximate market valuation of $6.47 million. This event not only reflects the continuous support of the Synthetix founder for the project but also caught the attention of the cryptocurrency market, leading to new trading activities and potential investment opportunities for ILV. As the native token of the Illuvium project, ILV's market performance showed a positive trend after this event, further enhancing investors' confidence in the project and its token.