Data: Suspected METIS market maker address deposited over 56,000 METIS to Coinbase, approximately 3.44 million USD

2024-04-15 23:32:08
Collection

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, 50 minutes ago, a suspected METIS market maker address recharged 56,144 METIS to Coinbase after four months, worth 3.44 million dollars.

It is reported that this portion of METIS was transferred out of Coinbase between December 22-26, 2023, at an average price of 57 dollars. If sold entirely, it would yield a profit of 80,000 dollars; the 47% drop in METIS over the past 30 days has severely reduced profits, with unrealized gains reaching as high as 4.31 million dollars when the coin price hit an all-time high on March 12.

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