Spartan Group just further sold 400,000 MNT for 520,709 USDC at $1.302 on average:

• transaction 1: 0x446d8eb0c203695a4b3d9af52f33849d1a8a32952409208f72160761fb443bc6
• transaction 2: 0x6f29439d78575286e4ebb8e62de886a7017665b3bd39d1fcc85c9037b6f71cca
• address: 0x0dc874fb5260bd8749e6e98fd95d161b7605774d
• This address belongs to the entity Spartan Group

In total, Spartan Group has sold 2.24M MNT for 2.69M USDC at $1.199 on average in the past 4 days after the MNT price soared post-listing on the largest South Korean exchange, Upbit.

Overall, Spartan Group was a private investor in Mantle (formerly BitDAO) and the VC has:

• vested a total of 7.142M BIT from the BitDAO at an average price of $1.266 ($9.04M) between October 15, 2021, and September 15, 2022, in 12 monthly releases;
• sold 2.84M MNT/BIT for 3.22M USDC and 46.07 ETH (total: $3.44M) at $1.178 on average (-6.99%) since February 25, 2022;
• now still holds 4.3M MNT ($5.72M) in the wallet.

The MNT price soared by 63.2% in the past 7 days.

Fig 1. Spartan Group sold 2.24M MNT for 2.69M USDC at $1.199 on average in the past 4 days after the MNT price soared post-listing Upbit.

Fig 2. Spartan Group's current portfolio.