On-chain analyst Ai Yi said a wallet address likely took profit on 81,250 VVV between Aug. 18 and Sept. 4, with estimated gains of $588,000. The address had previously chased the rally and accumulated 181,250 VVV at an average price of $16.69. About nine hours before the report, the wallet deposited 44.8% of its holdings to Coinbase. The remaining position was still showing an unrealized profit of $747,000, bringing the wallet’s total profit to $1.335 million. The figures were cited by Odaily in a brief market update based on Ai Yi’s on-chain monitoring.
According to Odaily, on-chain analyst Ai Yi tracked a wallet address that likely realized profits on 81,250 VVV between Aug. 18 and Sept. 4, with estimated gains of $588,000.
The address had previously bought 181,250 VVV while chasing the move, at an average price of $16.69. Around nine hours before the report, the wallet deposited 44.8% of its holdings to Coinbase. The remaining position was still sitting on an unrealized profit of $747,000, taking total profit to $1.335 million.
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