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Block Tower Capital sold 150,304 FXS in the past 2 days

Block Tower Capital sold 150,304 FXS in the past 2 days

CointimeCointime2024/02/07 02:35
By:Cointime

According to Spot On Chain monitoring, Block Tower Capital seems to be dumping FXS. In the past 2 days, this venture capital firm has sold 150,304 FXS at a price of around $10.5 per piece for 1.51 million USDC, allegedly causing a price drop of about 11%.

Their last sale of FXS was 7 hours ago, and they may soon sell the remaining 91,693 FXS ($843,000). Total profit: $961,000 (+69%).

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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