Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
A certain address swept more than 1% of BAYC supply 4 months ago, and the current value has dropped by about 4.3 million US dollars

A certain address swept more than 1% of BAYC supply 4 months ago, and the current value has dropped by about 4.3 million US dollars

CointimeCointime2024/05/20 00:28
By:Cointime

According to Cirrus, an advisor for Arcade.xyz, who posted on X platform 4 months ago, when the BAYC floor price fell below 25 ETH, an address swept in more than 1% of the supply in an attempt to buy the dip, but now these BAYCs have lost about 1400 ETH ($4.3 million) in value. Blur data shows that the BAYC floor price is currently at 13.4 ETH, with a 7-day decline of 7.66%.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!