Wallet Sells MarsCoin Before Surge, Then Buys Back Higher Without Recovering Losses

Wallet Sells MarsCoin Before Surge, Then Buys Back Higher Without Recovering Losses

N
News Editor
2026-08-16 13:21:22
A wallet tracked by on-chain analyst Ai Yi (@ai_9684xtpa) sold its MarsCoin holdings just two days before the token’s sharp move higher, then later bought back in at a higher price. According to the data shared on Aug. 16, address 0x333…29cd2 liquidated 5.12 million MarsCoin at $0.00006885 each and realized a loss of $4,533. At the time of the sale, the position was worth only about $68,000. Based on the token’s current price, those same 5.12 million tokens would now be worth $171,000. Ai Yi also said the wallet chased the rally and bought another $2,308 worth of MarsCoin 55 minutes earlier. While that fresh purchase is currently showing a floating profit, the address as a whole has still not recovered its losses. The transaction was flagged in a BlockBeats news brief citing Ai Yi’s on-chain monitoring.

BlockBeats reported on Aug. 16 that, according to on-chain analyst Ai Yi (@ai_9684xtpa), wallet address 0x333…29cd2 sold out of its MarsCoin position just two days before the token’s sharp rally.

The address liquidated 5.12 million tokens at $0.00006885 each and took a realized loss of $4,533. At that time, the position was valued at about $68,000. At current prices, those tokens would be worth $171,000.

Ai Yi said the same address bought back into MarsCoin 55 minutes earlier, purchasing $2,308 worth of tokens at higher levels. That new position is currently in floating profit, but the wallet as a whole has still not broken even.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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