🚨 High-Stakes #crypto Rollercoaster: Whale's $7.06M #PERP Gamble Ends $2.04M Loss🚨😬😬
A substantial #cryptocurrency holder recently conducted a series of transactions, which began with a withdrawal of 4,700 #Ethereum , valued at approximately $7.66 million, from the #Bithumb exchange within the last two days. Following this, the individual proceeded to acquire a noteworthy 6.8 million PERP tokens, equivalent to $7.06 million, at a rate of $1.08 per token, consequently constituting a significant 10% of the total $PERP token circulation.
However, it is worth noting that subsequently, all the acquired PERP tokens were divested for 5.02 million USDT, achieving this at an average selling price of $0.74 per token. Regrettably, this strategic maneuver resulted in a notable financial loss amounting to $2.04 million, reflecting a substantial decline of -29%.
For reference, the address associated with these transactions is 0x912C54C024E446602eb0A0D9002D67eA7b528573.
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