The largest holder of SNX deposited 6.5 million tokens into CEX, equivalent to approximately 19.6 million US dollars
According to Spot On Chain monitoring, SNX's largest holder and investor Framework Ventures deposited 6.5 million SNX (approximately $19.6 million) into CEX two hours ago.
Four months ago, this venture capital firm withdrew 6 million SNX from CEX (worth $7.2 million at the time), when it was at the bottom of the market. If they had bought then and sold now, their profit would be $10.9 million (+152%).
Currently, Framework Ventures still holds 17.9 million SNX (worth $54 million), all of which have been unlocked.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
FTT briefly broke through $3.5, with a 24-hour increase exceeding 26.18%
Bitwise: Bitcoin may continue to fall in the coming weeks