BlockTower Capital further dumped FXS

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Feb 06, 2024

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BlockTower Capital further dumped FXS

Outflow

Related addresses

BlockTower Capital (likely) 0x630

Total tokens transferred

63K

FXS

606.456K

USDC

Related transactions

BlockTower Capital (likely) 0x630

Cow Protocol

Feb 06, 16:11

BlockTower Capital (likely) 0x630

Cow Protocol

Feb 06, 18:24

BlockTower Capital further sold 63,000 FXS for 606,456 USDC at an average price of $9.63 in the past 3 hours:

transaction 1: 0xc9b81391a10f2fb7a67e74b5567e9e1483ccfe928fb636ff0225e12025ec63c4
transaction 2: 0x4aedfb4b40751d26b97ecb5d0e5b8c1cf72e858743d941a994def49adae9c2a1
address: 0x6308a45e861b7bed353e821469a1b4c26c613243
This address belongs to the entity BlockTower Capital

In total, the VC has sold 150,304 FXS for 1.51M USDC at $10.5 on average in the past 26 hours.

The FXS price has dropped around 11% after the VC's first sale.

Currently, BlockTower Capital still has 91,693 FXS ($865K) left and may continue to dump these tokens soon. Their estimated total profit from the current FXS trade is now at $961K (+69%).

Fig 1. BlockTower Capital's overall FXS trading history.

#blocktower capital

#fxs

#frax finance

#dump

#price drop

#profit

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BlockTower Capital further dumped FXS

Last synced: Feb 07, 01:49

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