BlockTower Capital has sold approximately 150,000 FXS in the past 2 days in exchange for 1.51 million USDC
February 7th, 2024

BlockTower Capital appears to be selling off FXS. Over the past 2 days, the VC sold 150,304 FXS for approximately $10.50 in exchange for 1.51 million USDC, allegedly causing the price to drop approximately 11%. They last sold FXS just 7 hours ago and may soon be selling the last 91,693 FXS (approximately $843,000). Total profit is expected to be $961,000 (+69%).

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