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A long-term INJ holder sold 243,000 INJ in the past 12 hours
2024-11-28 09:24
Odaily News According to Spot On Chain monitoring, an investor who held INJ for a long time and made a profit of $15 million sold 243,699 INJ ($7.39 million) to Bybit and CowSwap in the past 12 hours, triggering a 7.7% drop. It is worth noting that this whale accumulated most of the tokens in the early period (February 2021 to July 2022) at an average price of about $10.92, and later sold them twice in 2023 and 2024 at a price of about $35.9. This resulted in an estimated total profit of $15.21 million (2.3 times return) in 3.5 years.