A certain address has purchased 10 million LOOKS in the past two months and participated in staking to earn interest
According to on-chain analyst @ai_9684xtpa, in the past two months, address 0x05a...47064 has purchased 10 million LOOKS at an average price of $0.077 and participated in staking for interest. During this process, it sold half of its tokens for a profit of only $60,000 while the remaining 4 million are still floating with a profit of $350,000 due to staking. The total amount of LOOKS is 1 billion, almost all circulating, with 460 million currently being staked worth $75.21 million; the number of stakes in the last seven days was 14.4 million worth $1.86 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Wall Street Hopeful for Best-Case Scenario in Costco's F4Q Results -- Market Talk
July US Business Inventories Rise, Business Sales Down
Kyndryl Wins Contract to Provide Cloud, Software Services to US Government Agencies
--July US Business Inventories Rise 0.8% Vs 0.8% Gain Expected, Prior 0.1% Increase