A major move by BlockTower Capital: Cutting 18,287,042,842 or is it a strategic exit?

Is it ever a good idea for a major player to realize losses in the market? Well, 40,629,248,819 Capital just did that! In the past 10 hours, they sent $16.78 million with 4 DeFi tokens to Binance, potentially realizing a net loss of $2.94 million.

Here’s the analysis:

✅ UNI: 532,754 ($5.33 million) → Profit: +$579K (+12%)

❌ LINK: 197,451 ($4.29 million) → Loss: -$426.5K (-9%)

❌ MKR: 3,862 ($3.77 million) → Loss: -$1.7 million (-31%)

❌ ENA: 5,153 ($3.39 million) → Loss: -$1.39 million (-29%)

They still hold $21.7 million in assets, including:

🔹 20,314 AAVE ($5.47 million)

🔹 1,713 ETH ($4.84 million)

So what’s the plan of action? Risk management, treasury balancing, or a bearish outlook? Either way, liquidity is still king!