Large SUNDOG Inflow into HTX Exchange
Publication Time:2024-09-05 12:06:09
Recently, Golden Finance News has noticed that an address known in the SUNDOG market as the 'smart money/mouse warehouse that profited over $50 million from SUNDOG trading' has transferred another 29.5 million SUNDOG tokens to the HTX exchange, with the total transaction amounting to approximately $6.76 million. This operation has attracted significant attention from the market. It is understood that this address had already transferred a large number of SUNDOG tokens to the HTX platform through multiple channels in the 10 hours prior to this major recharge, indicating optimism about this token or a specific trading strategy. Notably, the initial cost of these funds was extremely low, at only $0.0000096441 per token, meaning the price of each SUNDOG token at the time of recharge was approximately $0.2291. This implies that if all these tokens were sold, it could potentially yield a profit of $6.75 million, representing an astonishing return on investment of 23,757 times. This indicates that, whether from the perspective of investment returns or market liquidity, the large inflow of SUNDOG into the HTX exchange has triggered strong reactions and discussions within the market.
Large Transaction
SUNDOG
HTX Exchange