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Three wallets of the same entity sold 866 million REEF in the past 2 hours, resulting in a loss of 2.53 million US dollars

Three wallets of the same entity sold 866 million REEF in the past 2 hours, resulting in a loss of 2.53 million US dollars

Bitget2024/10/16 09:15

According to Spot On Chain monitoring, three wallets (one entity) seem to have panic-sold 866 million REEF (worth $2.07 million) to CEX in the past two hours, resulting in a loss of $2.53 million (-55%). Currently, they only hold 89.45 million REEF (worth $204,000), with an unrealized loss of $270,000.

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