The altcoin, abandoned by whales one by one, crashed in a short time.
Lybra (LBR) It suffered a serious loss in value with the sudden sale of goods by its biggest investors. Reported by on-chain analysis platform Spot On Chain to data According to the report, the biggest whales of the project made tens of millions of dollars in sales in January and February.
One of the whales who signed the sale blurr.ethhad the largest staking volume of the project and had the last transaction on January 15thIn the past months to 70 million dollars worth of LBR sales.
Another pioneer whale sifuvision.eth While it hosts the 5 largest staking volumes, it is mainly December And January by trading in months $13 million made sales worth.
With the big players leaving the table, LBR has experienced serious declines in recent weeks. According to CoinGecko data 10 days in 62% LBR, which lost value, fell from $ 0.94 to $ 0.36. LBR while writing from $0.43 is being traded.