A smart-money wallet with a VVV cost basis as low as $3.77 has reduced its position again after a half-month gap, according to on-chain analyst Ai Yi. About three hours before the report, the wallet deposited 100,908 VVV to Coinbase, worth roughly $2.34 million. Over the past four months, the same wallet has cumulatively sent 562,000 VVV to the exchange at an average price of $21.26, for a total value of $11.97 million. If those tokens are sold, the return would reach 464%, based on the figures cited by the analyst. The latest transfer adds to a series of exchange deposits that point to continued position trimming by the address.
According to on-chain analyst Ai Yi, a smart-money wallet with a VVV cost basis as low as $3.77 reduced its holdings again after a half-month gap, with estimated profit per token position exceeding $9.848 million.
About three hours before the report, the wallet deposited 100,908 VVV to Coinbase, worth about $2.34 million.
Over the past four months, the wallet has cumulatively deposited 562,000 VVV to Coinbase at an average price of $21.26, with a total value of $11.97 million. If sold, the return would reach 464%.
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