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Framework Ventures deposited 6.50 million SNX to Coinbase Prime 2 hours ago

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2024-12-05 07:53:35
According to Spot On Chain monitoring, investment institution Framework Ventures (the largest holder and investor of SNX) deposited 6.50 million SNX into Coinbase Prime two hours ago, worth about $19.60 million.
Four months ago, the agency withdrew 6 million tokens from Coinbase Prime at the low SNX price, which was worth about $7.20 million at the time. If Framework Ventures did buy at the low and sell at the current price, the theoretical profit would be $10.90 million, a return of 152%. Currently, the agency still holds 17.90 million SNX, worth $54 million, all vested assets.
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