Whale 0xd53, probably an investor, sold 219,674 $FXS for 773 $ETH at $5.857 on average ($1.29M) between September 29, 15:19 PM and 18:45 PM (UTC):

• this is the biggest sale batch that the whale has ever executed. $FXS price dropped by around 5% after the whale's first selling wave

• current holding: 1.035M $FXS ($5.94M); traders should watch out for the whale's next actions

• address: 0xd53e50c63b0d549f142a2dcfc454501aaa5b7f3f

Notably, whale 0xd53:

• received 1.576M $FXS (then worth $41.9M) that ultimately came from "Frax Finance: Private Sale Distribution" via address 0x8E4 on February 15, 2022
• has sold a total of 540,825 $FXS for 1,341 $ETH, 70,254 $FRAX, 314,878 $USDT, and 622,653 $USDC at $5.81 on average (total: $3.14M) since February 20, 2022
• still holds 1.035M $FXS ($5.94M)
• Frax Finance Private Sale Distribution address: 0x1e84614543Ab707089CebB022122503462AC51b3
• middle address: 0x8E45b919b3feFA603Ba4c1c872E7292812B09065

Fig 1. Whale 0xd53 dumped $FXS

Fig 2. Whale 0xd53's overall $FXS clearing history.