(@EmberCN )
A whale spent $1.99 million on-chain to buy #SUNDOG four days ago, and is currently facing a 44% unrealized loss (-$0.88M).
Four days ago, they withdrew 13.07 million $TRX ($1.99M) from @Binance and then made a single transaction to purchase 3.52 million $SUNDOG. The large slippage caused the price of $SUNDOG to spike to $1.
Their average buying price was $0.565, but the current price of $SUNDOG is $0.313, resulting in a 44% unrealized loss (-$0.88M).
It's worth noting that making such an aggressive move with $2M in a single purchase is quite bold.
