On-chain analyst Ai Yi said a smart money wallet that had chased VVV higher appears to have started taking profit. According to the monitoring data shared on Sept. 11, the address is suspected of selling 81,250 VVV tokens, with estimated realized profit at $588,000. The wallet had previously bought 181,250 VVV at an average price of $16.69. Ai Yi also said the address sent 44.8% of its holdings to Coinbase about nine hours earlier. The remaining position is still sitting on an unrealized profit of roughly $747,000, bringing the total profit on the trade to an estimated $1.335 million. The figures were attributed to Ai Yi’s on-chain tracking and were cited by BlockBeats.
BlockBeats reported on Sept. 11 that, according to on-chain analyst Ai Yi (@ai_9684xtpa), a smart money wallet that chased into VVV is suspected of taking profit on 81,250 tokens, with estimated gains of $588,000.
The address had previously bought 181,250 VVV at an average price of $16.69. Ai Yi said the wallet sent 44.8% of its holdings to Coinbase nine hours earlier. The remaining position is still showing an unrealized profit of $747,000, bringing total profit to about $1.335 million.
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