A user sold 40,730 ILV 15 minutes ago, worth $2.91 million, causing the ILV price to drop by 5.6%.

Odaily News On-chain analyst Ember Monitoring pointed out that 15 minutes ago, @luggisdoteth sold 40,730 ILV on the chain for 778.7 ETH, worth $2.91 million, causing the price of ILV to drop by 5.6% instantly. The user still has 260,000 ILV staked in Illuvium, worth $1.764 million.