ChainCatcher reported that on-chain analyst @ai_9684xtpa tracked a wallet that exited its MarsCoin position two days before the token moved higher. The address sold 5.12 million MarsCoin at $0.00006885, realizing a loss of $4,533. At the time of the sale, the position was worth about $68,000. Based on the latest cited value, the same holdings would now be worth $171,000.
The analyst also said the wallet returned to the market 55 minutes ago, buying $2,308 worth of MarsCoin after the rise. That new purchase is currently in unrealized profit. Even so, the address has not yet recovered its earlier loss on an overall basis. The update was attributed to monitoring data shared by @ai_9684xtpa and cited by ChainCatcher.
ChainCatcher reported, citing on-chain analyst @ai_9684xtpa, that a wallet sold all 5.12 million MarsCoin it held two days before the token’s rise.
The address exited at $0.00006885 per token and took a $4,533 loss. At that time, the position was valued at $68,000. Based on the latest quoted valuation, those tokens would now be worth $171,000.
The analyst also tracked a fresh buy from the same wallet 55 minutes ago. The address bought $2,308 worth of MarsCoin after the move higher and is currently sitting on an unrealized profit, though it still has not fully recovered overall.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
