Roughly 30 minutes before the announcement, moderators, with the insider information of the impending news, sold 456,353 MOON, then worth $92,000, according to data tracked by onchain sleuth Lookonchain. Another large tranche of 363,227 MOON hit the market two minutes before the announcement, adding to the selling pressure.
Related posts
-
Dogecoin To The Moon? Trading Guru Sees A Bullish Breakout on the Horizon—Here’s Why
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is... -
MicroStrategy 2X Leveraged ETF Sees Massive Inflows In First Week Of Trading As MSTR Outperforms Bitcoin
A similar fund, the Defiance Daily Target 1.75X Long MicroStrategy ETF (MSTX), promises traders returns of... -
Spot Bitcoin ETFs Add $105M as Ether ETFs Pull in $43M on Busy Trading Day
U.S. spot bitcoin ETFs enjoyed another day of inflows, bringing in $105.84 million, while spot ether...