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On-chain whales liquidate, transferring ASTEROID to SCAN, losing $86.8k in one night
Deep Tide TechFlow News, April 29th, according to on-chain analyst Ai Aunt (@ai 9684xtpa) monitoring, Solana on-chain address JBhVo…MBYiv liquidated $ASTEROID profits and then transferred positions $SCAN ultimately incurring a loss of $86.8k, with all profits fully wiped out.
This address previously held 52.8 million $ASTEROID tokens, which it liquidated five hours ago at an average price of $0.00306, with an average cost of $0.00148, realizing a total profit of about $83.7k.
After liquidation, the address gradually built a position in $SCAN, investing a total of $135k with an average cost of $0.00856. However, its last addition occurred before Elon Musk canceled the pinned tweet related to the token. About half an hour after adding to the position, the price plummeted, and the address immediately cut losses and exited, incurring a loss of $86.8k, completely wiping out the previous profits.