According to tracking data provided by Lookonchain, Chinese cryptocurrency His company, Fenbushi Capital, was valued at $5.14 million in the last three hours. altcoin He divested significant holdings in multiple tokens by selling.
Chinese Company Suffered Significant Loss in Altcoins
Among those sold are:
- 136,094 EIGEN (about $514,000)
- 146,537 UNI (about $1.13 million)
- 10.17 million SNT (about $244,000)
- 10,681 COMP (about $509,000)
- 11,616 AAVE (about $1.9 million)
- 344,086 SUSHI (about $276,000)
- 219 ETH (about $576,000)
In addition to the volume of assets sold, Fenbushi Capital reportedly suffered significant losses in several key tokens. The firm lost $2.44 million (-90%) on SUSHI, $2.27 million (-82%) on COMP, $1.53 million (-42%) on UNI, and $499,000 (-15%) on AAVE.
On the other hand, another big whale sold 22,480 ETH (worth approximately $59.08 million) in the last two days. The whale initially withdrew 24,000 ETH (valued at $63.07 million) from Lido and then deposited 22,480 ETH to Coinbase across multiple addresses.
The whale currently holds 7,000 ETH worth $18.37 million, indicating additional market movements could occur.
*This is not investment advice.
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