The address 0xF8A executed a significant sell-off, offloading 10.27 million $MUBI tokens, valued at approximately $963,000. This sale was transacted for 395 ETH, averaging a price of $0.09369 per token over the past 24 hours, consequently triggering a drop in the token's price by approximately 24%.
It's noteworthy to mention that the same whale previously purchased 14.52 million #MUBI tokens at an average price of around $0.292 in December 2023.
However, in this recent transaction, they sold 11.52 million MUBI tokens at an average price of only about $0.09681, resulting in a significant loss of approximately $2.25 million, representing a staggering decrease of about 66.8%.
The associated address for this whale is: 👇
0xf8a8b4c0c58d25079b52767bedd8f1671b0646ea.