A significant investor sold a large amount of LAYER tokens, obtaining a substantial profit.
Buying and Selling LAYER
Three weeks ago, a crypto whale purchased 6 million Solarier (LAYER) tokens at an average price of $0.955. Recently, they sold off all their holdings, realizing approximately $1.7 million in profit. The average sale price was $1.23 per token. Currently, LAYER is trading at $1.16.
Another Whale Profile
Onchain data has also detected another crypto wallet in a similar situation. This investor has not yet realized any profit but has a total yield of 47%, equivalent to $1.1 million.
Market Trends
Amid such transactions, experts notice a growing interest from large investors in promising altcoins. It is anticipated that these kinds of operations might impact market trends and the value of LAYER in the near future.
While current investments in cryptocurrencies can be profitable in the short term, investors should consider potential risks.
