According to Foresight News, Spot On Chain monitoring shows that REEF prices plummeted further by 58% today, erasing a month's gains in more than a day. Three wallets (one entity) appear to have panic-sold 866 million REEFs ($2.07 million) to HTX, KuCoin, and Gate.io in the past two hours, losing $2.53 million (-55%). Currently, they only hold 89.45 million REEFs ($204,000) and have an unrealized loss of $270,000.
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An entity sold 866 million REEF in the past 2 hours, losing $2.53 million
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REEFUSDT
Perp
0.002237
-44.01%
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