Whale Sells $699K Worth of TON, Incurring Significant Losses

Fifteen hours ago, Whale 0x08f made a notable move by selling 145,376 TON ($699K) for 474,114 USDT and 1,639 SOL ($225K) at an average price of $4.809 on the Ethereum chain.

Key Details:

The whale had previously purchased a total of 171,376 TON at an average price of $6.418 (estimated cost: $1.1M) between March 12 and August 5, 2024.

Current Holdings: The whale now has only 26,000 TON ($129K) left, reflecting an estimated total loss of $276K (-25%) from the token.

Address:

0x08ff1fbaf24498f0d2080eb510d559dd3dfc671d

This transaction highlights the whale's strategic exit from TON, though at a considerable loss.

#TON $TON