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A giant whale sold 1.82 million RPLs at Uniswap, causing RPLs to fall by more than 6%

A giant whale sold 1.82 million RPLs at Uniswap, causing RPLs to fall by more than 6%

2023/05/23 05:49

According to Twitter user Bitcoinember, 6 hours ago, a giant whale dumped 37,970 RPLs for 1.82 million USDT at Uniswap, causing the RPL price to drop from $50 to $46.7, a drop of more than 6 percent. The whale's RPLs were raised from Kraken on January 12, when the RPL price was $27.60, and the whale earned $770,000 on this RPL investment, a 74% return.

In addition, the market capitalization of RPLs in circulation is about $900 million, but the 24-hour RP L trading volume of Coinan is less than $1 million.

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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