A certain Large Investor staked KAITO two months ago and has deposited it back to CEX, with a book loss of 1.17 million dollars.

robot
Abstract generation in progress

Odaily News According to encryption analyst Ai Yi @ai9684xtpa's monitoring, a suspected large investor or institution withdrew 1.79 million KAI from CEX on May 29 at an average price of $2.23, worth about $3.99 million at that time. 10 hours ago, the address recharged the remaining KAITO back to CEX, currently only about 2.82 million dollars remain, during which the price of the currency dropped by 43%, resulting in a paper loss of about 1.17 million dollars. The user had previously used this batch of KAITO for staking, and it is currently unclear whether the staking rewards can compensate for the losses.

KAITO-2.51%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)