Dragonfly Capital Topped Up 62.62 Million AEVOs to FalconX 6 Hours Ago, Estimated to Lose $36.84 Million
Bitget2024/09/24 09:19
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to chain analyst @ai_9684xtpa's monitoring, two addresses of Dragonfly Capital topped up 62.62 million AEVOs (~$25.04 million) to FalconX six hours ago, suspected of liquidating all positions since May, with an estimated loss of $36.84 million.
The two addresses had raised 63.23 million RBNs from Coinbase between 05.13-05.15 at an average price of $0.9882, and then converted the RBNs one-to-one into AEVO, which is now trading at just $0.3999, a drop of nearly 59%.
1
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$79,795.76
-1.73%
Ethereum
ETH
$2,263.78
-2.38%
Tether USDt
USDT
$0.9996
-0.00%
BNB
BNB
$671.65
-1.54%
XRP
XRP
$1.43
-1.99%
USDC
USDC
$0.9998
+0.00%
Solana
SOL
$90.98
-4.91%
TRON
TRX
$0.3523
+0.52%
Dogecoin
DOGE
$0.1132
+0.61%
Hyperliquid
HYPE
$38.97
-2.89%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now