🚨 Alert $SPX!
Recently, a wallet address @Opensea made a noteworthy move as in just 2 days (April 18 and 19), they sold 1,300,000 usdc $SPX through the protocol #CowSwap . They even distributed these tokens across newly created sub-wallets to continue selling them via Cowswap.
👉 Currently, this wallet is still holding 6 million $SPX, equivalent to 2.65 million USD.
📉 The big question: Has #whale lost faith in SPX and decided to offload their holdings, or is it simply a portfolio reallocation to switch to another coin #coin with stronger performance?
🔴 But clearly, this is not a very positive signal for SPX and those holding this coin #hold . Let's keep an eye on the next developments to strategize accordingly!
