Dragonfly Capital Topped Up 62.62 Million AEVOs to FalconX 6 Hours Ago, Estimated to Lose $36.84 Million
According to chain analyst @ai_9684xtpa's monitoring, two addresses of Dragonfly Capital topped up 62.62 million AEVOs (~$25.04 million) to FalconX six hours ago, suspected of liquidating all positions since May, with an estimated loss of $36.84 million.
The two addresses had raised 63.23 million RBNs from Coinbase between 05.13-05.15 at an average price of $0.9882, and then converted the RBNs one-to-one into AEVO, which is now trading at just $0.3999, a drop of nearly 59%.
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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