Giant Altcoin Whale Couldn’t Wait Any Longer: Sold at a Huge Loss!

Bitcoinsistemi
B-6.64%

Crypto on-chain data recorded that today a crypto whale has exhausted its patience and made a significant loss sale.

According to the data, the crypto whale had not made any transfer movements for 6 months and had purchased 10 million Artificial Superintelligence Alliance (FET) tokens worth 17.15 million dollars through Binance 6 months ago.

This whale sent back 7 million FET tokens worth 5.26 million dollars to the cryptocurrency exchange Binance and would have incurred a loss of 6.7 million dollars if it had sold.

In addition, on-chain data revealed some unusual findings regarding the AURA token, which is currently popular and has been the subject of fraud allegations. According to the data, a whale wallet suspected to be from the altcoin team spent 66 thousand dollars just before the rise to purchase 19.17 million AURA tokens and later sold about 3 million of them for 56 thousand dollars. Currently, the whale wallet holds AURA tokens worth over 2 million dollars.

*It is not investment advice.

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