🚀【On-chain dynamics】According to monitoring by Ai Yi, an analyst on-chain, two addresses of Dragonfly Capital recharged 62.62 million AEVO (about 25.04 million US dollars) to FalconX 6 hours ago, and it is suspected that all positions since May have been cleared, with an estimated loss of up to 36.84 million US dollars. đŸ˜±

Looking back, the two addresses withdrew 63.23 million RBN from Coinbase at an average price of 0.9882 US dollars from May 13 to 15, and exchanged them for AEVO at a 1:1 ratio. Now the current price of AEVO is only 0.3999 US dollars, a drop of nearly 59%.

What do you think of Dragonfly Capital's operation? See the comment section! 💬