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Three wallets of the same entity sold 866 million REEF in the past 2 hours, losing $2.53 million

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2024-10-16 08:58:32
According to Spot On Chain, three wallets (one entity) appear to have sold 866 million REEF ($2.07 million) to HTX, KuCoin and Gateio in panic over the past 2 hours, losing $2.53 million (-55%).
Currently, they only hold 89.45 million REEFs ($204,000) with an additional $270,000 in unrealized losses.
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