
Feb 05, 2024
Auto generation
BlockTower Capital sold FXS
Outflow
Related addresses
Total tokens transferred

87.304K
FXS

903.659K
USDC
BlockTower Capital sold 87,304 FXS for 903,659 USDC at an average price of $10.35 in the past 4 hours:
- transaction 1: 0x4469d4b57d4976231a6093599286d0a0e4ea4d14bff24336bfd6aab537131c7e
- transaction 2: 0x026d50f61a7dc5c49887810daab2167e698e4d3f4e8e7ab7250fb186ecfd5607
- transaction 3: 0xf4c5434d732f7dc641f3e4ec271de863f7d713c8388fb49a2ba22d3318fd4b3e
- address: 0x6308a45e861b7bed353e821469a1b4c26c613243
- This address belongs to the entity BlockTower Capital
Notably, this is BlockTower Capital's third FXS trading cycle, in which they:
- bought a total of 241,997 FXS with $1.388M FRAX at $5.734 between October 14 and 17, 2023;
- sold 87,304 FXS for 903,659 USDC at $10.35 on average, realizing $403K (+80.5%) in profit;
- still hold 154,693 FXS ($1.61M), with another $720K in unrealized profit.
Previously, BlockTower Capital had traded FXS two times (1 win and 1 loss), from which they realized a cumulative loss of $60.2K (-3.01%).
Fig 1. BlockTower Capital's overall FXS trading history.