A suspected whale has sold out 18.3 million PHA that they accumulated over the past 9 months, netting a profit of over 2 million USD.
This address between 03/2024 - 07/2024 withdrew PHA from Binance at an average price of $0.18, continuously buying in as the price dropped. At 10:59 today, they have deposited back all 14.1 million PHA remaining into the Binance exchange, and shortly thereafter the price of PHA dropped by over 10%.
Over 228k USDT was withdrawn to a wallet, and more than 4 million USD is likely the whale eyeing new assets.
$PHA