On-chain analyst Ai Yi said a wallet exited its entire 5.12 million MarsCoin position two days before the token moved higher, locking in a $4,533 loss. The sale was made at $0.00006885 per token. At the time, the position was worth $68,000, while the same amount is now valued at $171,000 based on current pricing cited in the update. Ai Yi also noted that the same wallet bought back into MarsCoin 55 minutes before the report, purchasing $2,308 worth of the token at higher levels. That new position is currently showing an unrealized profit, but the wallet has still not recovered its overall losses from the earlier exit. The move highlights a failed sell followed by a late re-entry, according to the on-chain data shared by the analyst.
Odaily reported, citing on-chain analyst Ai Yi, that one wallet sold its entire 5.12 million MarsCoin holdings two days before the token’s price rise, taking a loss of $4,533.
The wallet exited at $0.00006885 per token. At that point, the tokens were valued at $68,000. The same amount is now worth $171,000, based on the figures in the monitoring update.
Ai Yi also said the wallet bought back into MarsCoin 55 minutes before the report, purchasing $2,308 worth of the token. That position is currently in unrealized profit, though the wallet remains below breakeven overall.
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