Fenbushi Capital, a prominent Chinese venture capital firm, has sold $5.14 million worth of cryptocurrency assets, according to blockchain analytics firm Lookonchain. The sale involved seven altcoins, including $EIGEN, $UNI, $SNT, $COMP, $AAVE, $SUSHI, and $ETH.
Key Details:
- Total sale value: $5.14 million
- Tokens sold:
- 136,094 EIGEN ($514,000)
- 146,537 UNI ($1.13 million)
- 10.17 million SNT ($244,000)
- 10,681 COMP ($509,000)
- 11,616 AAVE ($1.9 million)
- 344,086 SUSHI ($276,000)
- 219 ETH ($576,000)
- Significant losses incurred:
- 90% loss on SUSHI ($2.44 million)
- 82% loss on COMP ($2.27 million)
- 42% loss on UNI ($1.53 million)
- 15% loss on AAVE ($499,000)
Additional Market Insights:
A large Ethereum whale has also been active, selling 22,480 $ETH ($59.08 million) over two days and withdrawing 24,000 $ETH ($63.07 million) from Lido.
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