Whale deposited all SNX to Binance with loss

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May 30, 05:05

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Whale deposited all SNX to Binance with loss

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Related addresses

0x97cfb214adcd7243efd6b491a6c719c493d04122

Total tokens transferred

594.350K

SNX

Related transactions

0x97cfb214adcd7243efd6b491a6c719c493d04122

Binance deposit

May 30, 04:47

Whale 0x97c just deposited all 594,350 SNX ($1.72M) to Binance at $2.89:

transaction: 0x5393d53502c7f64947d56c4f15d413415dab91fd5129c29551198d5de47342d9
address: 0x97cfb214adcd7243efd6b491a6c719c493d04122

Notably, this marks the end of the whale's first SNX trade with an estimated loss of $646K (-27.4%):

withdrew from MEXC and bought via DEX 594,302 SNX at $3.972 on average (estimated cost: $2.36M) on January 11, 2024;
lent to Aave to earn more tokens as a reward;
deposited all 594,350 SNX to Binance at $2.89 ($1.72M) on May 30, 2024.

Fig 1. Whale 0x97c's overall SNX trading history.

#snx

#synthetix

#deposit

#binance

#loss

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Whale 0x97c deposited all SNX to Binance with loss

Last synced: May 30, 05:06

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