Dragonfly Capital is suspected to have liquidated 25.04 million USD of AEVO 6 hours ago, with an estimated loss of 36.84 million USD

Odaily News According to monitoring by Ai Yi, an on-chain analyst, two addresses of Dragonfly Capital deposited 62.62 million AEVO (about 25.04 million USD) to FalconX 6 hours ago, and it is suspected that all positions since May have been cleared, with an estimated loss of 36.84 million USD. The two addresses withdrew 63.23 million RBN from Coinbase at an average price of 0.9882 USD from 05.13 to 05.15, and then exchanged RBN for AEVO at a 1:1 ratio. The current price is only 0.3999 USD, a drop of nearly 59%.