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Major Holder Recharges KAITO to CEX Two Months After Pledging, Facing $1.17 Million Loss
Summary: According to crypto analyst Ai, a suspected major holder or institution withdrew 1.79 million KAITO from CEX on May 29 at an average price of $2.23, valued at approximately $3.99 million at the time. Just 10 hours ago, the same address recharged the remaining KAITO back to CEX, now worth only about $2.82 million, resulting ...
According to crypto analyst Ai, a suspected major holder or institution withdrew 1.79 million KAITO from CEX on May 29 at an average price of $2.23, valued at approximately $3.99 million at the time. Just 10 hours ago, the same address recharged the remaining KAITO back to CEX, now worth only about $2.82 million, resulting in a 43% price drop and a $1.17 million loss. The user had previously pledged this batch of KAITO, and it is unclear if the staking rewards can offset the losses.
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Link: Major Holder Recharges KAITO to CEX Two Months After Pledging, Facing $1.17 Million Loss [Copy]
