Data: Framework Ventures deposited 6.5 million SNX into Coinbase Prime 2 hours ago

ChainCatcher news, according to monitoring by Spot On Chain, investment firm Framework Ventures (the largest holder and investor of SNX) deposited 6.5 million SNX into Coinbase Prime two hours ago, valued at approximately 19.6 million dollars.

Four months ago, the firm withdrew 6 million tokens from Coinbase Prime at a low price of SNX, which was valued at around 7.2 million dollars at that time. If Framework Ventures indeed bought at the low and sold at the current price, the theoretical profit would reach 10.9 million dollars, with a return rate of up to 152%. Currently, the firm still holds 17.9 million SNX, valued at 54 million dollars, all of which are vested assets.