According to @EmberCN, a whale who staked 13.3 million APX tokens two years ago sold 9.07 million APX tokens over the past four days, exchanging them for 2.27 million USDT at an average selling price of $0.25. Based on the current APX price of $1.60, this transaction resulted in a loss of approximately $12.7 million in profit. However, with the staking cost of only $0.033 per token, the staking returns over the past two years have exceeded the $440,000 cost. Currently, the whale still holds 5.35 million APX tokens, valued at approximately $8.82 million.
A whale sold 9.07 million APX staked for two years, missing out on $12.7 million in profits.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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