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Data: A whale purchased 3.52 million SUNDOG for $1.99 million four days ago, currently experiencing a floating loss of $880,000

Data: A whale purchased 3.52 million SUNDOG for $1.99 million four days ago, currently experiencing a floating loss of $880,000

Bitget2024/09/17 06:37

According to on-chain analyst Yu Jin, a certain whale withdrew 13.07 million TRX (1.99 million USD) from CEX four days ago and then directly purchased 3.52 million SUNDOG in one transaction, causing the price of SUNDOG to rise sharply to 1 USD due to excessive slippage.

The average purchase price for this whale was 0.565 USD, and the current price of SUNDOG is 0.313 USD, resulting in a floating loss of 44% (880 thousand USD).

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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.

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