⭐⭐Altcoin Mistake Bigger Than the Whale: It Was in 2x Profit 3 Months Ago, Now It's Selling at a Loss! ⭐⭐
A whale sold the altcoin, from which he made over 100% profit a few months ago, to Binance at a loss.
According to the Twitter post by on-chain data analysis firm Lookonchain, a major investor recently sent 1,068 million SNX to Binance, the world's largest cryptocurrency exchange, at a loss.
This whale invested in the cryptocurrency called Synthetix Network (SNX) on January 30, July 12 and August 24. The whale, which made all its purchases through Binance, withdrew 1,068 million SNX at an average price ranging between 2.17 and 2.31 million dollars per SNX.
Whale made a profit of $3.12 million at its price peak in May 2024. However, the investor who did not sell at that time has now invested in Binance with a large loss.
SNX, which has decreased by 1.6% in the last 24 hours, is currently finding buyers at $ 1.85.
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