A certain ETH whale sold 2,049,000 RBN on-chain and made a profit of $2.58 million

According to a report by Golden Finance, as monitored by on-chain analyst Yu Jin, a certain ETH whale (0x828) has sold 2.049 million RBN tokens (worth $3.07 million) in the past 17 hours. These RBN tokens were purchased by the whale between November 2022 and November 2023 for a total of $497,000 USDC at an average cost of $0.24 per token. Today, they were all sold at a price of $1.5 each, resulting in profits exceeding five times the initial investment ($2.58 million). The whale currently holds 9.52 million BLUR tokens ($6.01 million), purchased at an average cost of $0.47 per token with unrealized gains of $15,400; and 23.82 million RLB tokens ($2.66 million), acquired at an average cost of $0.127 per token with current unrealized losses amounting to $310,000.