luggis.eth sold 20,000 ILV about 12 hours ago

According to Spot On Chain monitoring, luggis.eth sold 20,000 ILV tokens (equivalent to $1.41 million USD at an average price of $70.29 USD) and exchanged them for 743 ETH tokens about 12 hours ago, resulting in an 8% price drop. It is worth noting that on July 1, 2022, the same address sold 15,900 ILV tokens (equivalent to $1.16 million USD) for 1,956 ETH tokens, which also caused a price drop of approximately 9%. Currently, the address still holds 14,609 ILV tokens (equivalent to $1.07 million USD).