SAHARA whale suffers huge loss? After 6 months of silence, dumps 150 million tokens on Binance, with an unrealized loss of $7.97 million

robot
Abstract generation in progress

【Crypto World】A whale address that had been dormant for half a year suddenly moved. It transferred 150 million SAHARA tokens to a major exchange, currently valued at about $4.2 million.

But this move doesn’t seem very profitable. The address’s initial purchase cost was as high as $12.18 million, and now selling it only yields $420,000, resulting in a direct loss of $7.97 million. In other words, the whale has already incurred a floating loss of over 65% on SAHARA.

Is it being forced to cut losses, or does it have other plans? The market is watching. Such large transfers often indicate adjustments in holding strategies, whether it’s institutional position clearing or major holders changing their outlook on the market, which traders should pay attention to.

SAHARA-2,51%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
NewDAOdreamervip
· 13h ago
A 65% unrealized loss—how desperate must one be to be willing to throw that away... Or did you sense something beforehand?
View OriginalReply0
TopBuyerForevervip
· 01-05 14:06
Oh no, another tragic story of cutting losses, $7.97 million just gone like that... Even whales can't hold on anymore.
View OriginalReply0
FloorSweepervip
· 01-05 08:10
Wow, a 65% floating loss? How desperate must this whale be to dump at this level?
View OriginalReply0
BridgeTrustFundvip
· 01-05 08:09
Another whale has cut losses, this is truly a panic sell-off.
View OriginalReply0
DegenRecoveryGroupvip
· 01-05 08:09
Wow, lost 7.97 million and directly dumped on the exchange? This whale probably wants to run away. SAHARA is really finished.
View OriginalReply0
AlwaysMissingTopsvip
· 01-05 07:58
Still selling despite a 65% loss, this whale is really scared now.
View OriginalReply0
OnchainArchaeologistvip
· 01-05 07:40
Another whale taking a loss, can SAHARA this coin still turn around?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)