Whale "buy high, sell low"? 3.1 million dollars dumped into Binance, losing nearly 40%
On-chain data shows that an address starting with 0x503b has just transferred 341.6 million VIDT back to Binance, worth approximately 3.1 million dollars at current prices.
Just four days ago, this batch of tokens was withdrawn from Binance, with a market value as high as 5.1 million dollars at that time.
In just a few days, a loss of nearly 2 million dollars, with a direct return on investment of -40%.
Is this a forced sell-off or a deliberate suppression? Regardless, this operation is truly outrageous.