ChainCatcher Message, the blockchain market has new developments! A long-term holder of Injective (INJ) has sold 243,699 INJ through Bybit and CowSwap in the past 12 hours, worth approximately 7.39 million dollars. This action has caused the INJ price to drop by 7.7%. 📉

This whale accumulated a large amount of INJ at an average price of 10.92 dollars between February 2021 and July 2022, and sold at around 35.9 dollars during the peaks in 2023 and 2024, realizing a total profit of approximately 15.21 million dollars, with a return rate of 2.3 times, and a holding period of 3.5 years. 💰

This sell-off demonstrates the influence of large players in the market, while also providing investors with an opportunity to observe market dynamics. 🔍