📢 Here's what you need to know! 💸
According to data shared by BlockBeats on October 1, Fenbushi Capital sold $5.14 million worth of crypto assets, including major tokens like SUSHI, COMP, UNI, AAVE, and Ethereum. This sale marks a significant loss for the firm, reflecting the continued volatility in the cryptocurrency market.
💡 Details of the Sale:
EIGEN: 136,094 tokens sold ($514,000)
UNI: 146,537 tokens sold ($1.13 million)
SNT: 10.17 million tokens sold ($244,000)
COMP: 10,681 tokens sold ($509,000)
AAVE: 11,616 tokens sold ($1.9 million)
SUSHI: 344,086 tokens sold ($276,000)
ETH: 219 ETH sold ($576,000)
📉 Losses Incurred:
SUSHI: $2.44 million loss (-90%)
COMP: $2.27 million loss (-82%)
UNI: $1.53 million loss (-42%)
AAVE: $499,000 loss (-15%)
This major sale represents Fenbushi Capital’s substantial financial loss, driven by the declines in these tokens. The sale has caught the attention of the crypto community as it highlights the market’s instability.
🔥 What’s Next for Fenbushi?:
Despite the setbacks, Fenbushi Capital remains a major player in the blockchain investment landscape. This event reflects the challenging environment for crypto investors as market volatility continues to affect even the largest funds.
Stay tuned for further updates on Fenbushi’s next moves and how the market evolves.
