Data: A certain off-exchange whale missed out on approximately $870,000 in profits due to premature selling of RAVE

According to Lookonchain, a whale who previously bought 163,405 ETH (approximately $440 million) and 4,000 cbBTC (approximately $296 million) in the over-the-counter market sold 899,999 RAVE three weeks ago at nearly break-even prices, cashing out about $229,000.

The latest data shows that the price of RAVE has since increased by approximately 226%. If they still held that amount of RAVE, the current paper profit would be about $870,000.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.