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Token SNX

Aug 07, 16:27

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Smart trader sold all 400K SNX ($493K) at loss

Outflow

Total tokens transferred

Token SNX

400K

SNX

Token USDT

493.041K

USDT

Smart trader ETH and WLD 0x880 just sold all 400,000 SNX for 493,041 USDT at $1.233 on average:

 

Notably, the trader withdrew those SNX tokens from OKX at $1.596 on average (estimated cost: $639K) on July 8, 2024. After the above sales, the trader would realize an estimated loss of $146K (-22.8%) after a month.

 

Overall, the trader:

  • suffered a total loss of $586K from SNX, LDO, RDNT, and RNDR in the past month (more details here);
  • has unrealized losses of $58.6K (-7.26%) from holding 75,000 LINK ($747K) and $154K (-25.9%) from holding 75,000 UNI ($442K);
  • has an estimated total profit of $4.20M (+31.1%) from (ST)ETH with 2,108 STETH ($5.12M) left.

 

Visit the visualizer for the trader's most updated PnLs from UNI, LINK, and (ST)ETH.

 

Fig 1. The overall SNX trading history of Smart trader ETH and WLD 0x880.

 

Fig 2. The current holdings of Smart trader ETH and WLD 0x880.

#snx
#synthetix
#sell
#loss