A whale holding for eight months recharges 22.22 million GRT to the exchange, facing a loss of 6.52 million dollars if sold all at once.

PANews, November 4th news. According to @ai_9684xtpa's monitoring, a whale address that built its position eight months ago has allegedly cleared out 22.22 million The Graph ($GRT) tokens, and if sold all at once, it would face a loss of 6.52 million dollars. This address withdrew 22.22 million GRT from Coinbase at a price of $0.43 per token on March 11, 2024, and did not make any transfers or sales during the nearly eight-month holding period. However, three hours ago, this address recharged the tokens to the exchange at a price of $0.1369 per token, and the asset value has shrunk by approximately 68%.