A Whale Bought Over 1% of BAYC Supply 4 Months Ago, Currently Facing a Loss of Approximately $4.3 Million
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PANews2024/05/20 00:56
By:PANews
PANews reported on May 20 that Cirrus, an advisor at Arcade.xyz, posted on the X platform stating that four months ago, when the BAYC floor price fell below 25 ETH, an address swept in over 1% of the supply in an attempt to bottom fish. However, the value of these BAYCs has now dropped by approximately 1400 ETH (about $4.3 million).
Blur data shows that the current BAYC floor price is 13.4 ETH, with a 7-day decline of 7.66%.
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