Three wallets of the same entity sold 866 million REEF in the past 2 hours, resulting in a loss of 2.53 million US dollars
According to Spot On Chain monitoring, three wallets (one entity) seem to have panic-sold 866 million REEF (worth $2.07 million) to CEX in the past two hours, resulting in a loss of $2.53 million (-55%). Currently, they only hold 89.45 million REEF (worth $204,000), with an unrealized loss of $270,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

A whale holding $108 million worth of ETH withdrew 10,000 ETH from Bitget
1,000 bitcoins were transferred from an exchange to an unknown wallet, worth approximately $93.16 million.
BlackRock CEO: Sovereign funds are buying bitcoin at low prices