The sale by whales in the AERO market recorded a large amount of 2.038 million Tokens at an average price of 1.42 USD, earning 2.89 million USD.
The profit achieved from this transaction reached 1.04 million USD, according to monitoring data from Onchain Lens published on August 25.
MAIN CONTENT
Whales sold 2.038 million AERO at an average price of 1.42 USD/Token.
The transaction value reached 2.89 million USD.
The profit from this sale is approximately 1.04 million USD.
Who are whales and how does the large sale of AERO affect the market?
"Whales" in the cryptocurrency market refer to investors who hold a large amount of Tokens, enough to significantly impact prices and liquidity. The sale of 2.038 million AERO creates a sudden large supply that can temporarily affect price movements in the market.
The large number of Tokens traded at a selling price of 1.42 USD indicates that this transaction could influence the sentiment of other investors and the price of AERO in the short term. In particular, the profit of 1.04 million USD confirms that this is a successful transaction for the whale in the market.
What is the role of the Onchain Lens platform in monitoring whale transactions?
Onchain Lens is a transaction tracking system that monitors the movements and behaviors of large wallets on the blockchain, providing transparent data to analyze the cryptocurrency market. Reports on AERO transactions confirmed by this platform are highly reliable, based on accurate on-chain analysis.
Such monitoring information helps investors identify large movements and make more accurate investment decisions, while also contributing to increasing transparency in the cryptocurrency market.
What does a profit of 1.04 million USD indicate about the investment efficiency of whales?
The profit of 1.04 million USD from the sale of 2.038 million AERO indicates that the whale's investment strategy was successful. This reflects a deep understanding of the market and the ability to leverage price fluctuations to maximize profits.
This successful transaction also shows sharpness in choosing the right selling time, helping whales achieve significant profits despite the overall volatility of the cryptocurrency market.
Frequently Asked Questions
What are whales in the cryptocurrency market?
Whales are investors who hold a large amount of Tokens, which can significantly influence the price and liquidity of a cryptocurrency.
Why is monitoring whale transactions important?
Monitoring whale transactions helps identify large movements, assisting in predicting price fluctuations and making accurate investment decisions.
What is Onchain Lens?
Onchain Lens is a blockchain transaction analysis platform that provides transparent data about the activities of large wallets.
How is the profit of 1.04 million USD calculated?
Profit is calculated based on the difference between the average selling price of 1.42 USD/Token and the whales' cost for a total of 2.038 million AERO.
How does the AERO Token sale affect market prices?
Selling a large amount of Tokens can create increased supply pressure, affecting the Token price in the short term, depending on liquidity and market absorption.
Source: https://tintucbitcoin.com/ca-map-lai-104-trieu-usd-aero/
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