According to on-chain analyst Yu Jin, a certain whale withdrew 13.07 million TRX (1.99 million USD) from CEX four days ago and then directly purchased 3.52 million SUNDOG in one transaction, causing the price of SUNDOG to rise sharply to 1 USD due to excessive slippage.
The average purchase price for this whale was 0.565 USD, and the current price of SUNDOG is 0.313 USD, resulting in a floating loss of 44% (880 thousand USD).