A whale built a position in DEGEN for more than 6 months, and turned losses into profits after the Binance contract was launched, earning $790,000

Odaily News According to LookonChain monitoring, after Binance announced the launch of the DEGEN contract, a whale sold 6.43 million DEGEN at 70.78 ETH (worth $219,000). Between April 8 and May 10, the whale spent 934 ETH (worth $3.42 million) to buy 140.71 million DEGEN at an average price of $0.0243. After holding it for more than 6 months, he finally turned a loss into a profit, making a profit of $790,000.