Terraform Labs has sold 687,000 AVAX tokens since May 30, cashing out 9.76 million USDT

Binance News · 2023-07-16T12:46:16.000Z

According to on-chain analyst Ember Monitoring, Terraform Labs has sold a total of 687,000 AVAX on the chain in one and a half months since May 30, cashing out 9.76 million USDT at an average sales price of US$14.2. Since May 30 this year, Terraform Labs has sold these AVAX cumulatively through several transactions every day. There are currently 398,000 AVAX ($5.8 million) in the address.

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According to on-chain analyst Yu Jin, Terraform Labs has sold a total of 687,000 AVAX on the chain in a month and a half since May 30, cashing in 9.76 million USDT, with an average selling price of US$14.2.
Since May 30 this year, Terraform Labs has sold these AVAX in total through several transactions per day, and there are currently 398,000 AVAX (US$5.8 million) in the address.

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