A recent report from BlockBeats news revealed that an investor who has held INJ (presumably referring to a cryptocurrency or asset) for a long time sold 243,699 INJ (worth approximately $7.39 million) through Bybit and CowSwap in the past 12 hours, according to Spot On Chain monitoring. The investor accumulated most of the tokens between February 2021 and July 2022, with an average price of approximately $10.92, before the price peaked around $35.9 in 2023 and 2024.
This sale is expected to result in a total profit of $15.21 million (a 2.3x return) over a period of 3.5 years.
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