A whale spent 2.5 million USDC to build a LIBRA position three hours ago and then sold it at a loss of nearly $700,000

Odaily News According to the monitoring of on-chain analyst @ai_9684xtpa, the top LIBRA transactions exceeding one million dollars in the past 24 hours are all swing trading. Among them, the whale 5AS99...H48Sm seems to be doing a reverse T, losing $695,000 in seven minutes. Three hours ago, he spent 2.5 million USDC to buy at an average price of $0.5206. Just after the position was established, it plummeted five minutes later and could only sell in batches at an average price of $0.3759.