🔔 Alert: ParaFi Capital’s shark continues to “accumulate” SKY despite losses!
According to data from Lookonchain, the ParaFi Capital investment fund has just added another $2.98 million to buy 56 million SKY tokens.
Details of this fund’s portfolio:
📍 Amount just purchased: 56 million SKY
📍 Total holdings: 126 million SKY
📍 Total value: $6.64 million
📍 Average buy price: $0.066
📍 Status: Currently down by about $1.72 million
Deep dive:
ParaFi’s shift from AAVE to SKY since last March—and now continuing to buy more—shows they have extremely strong confidence in the project’s long-term potential, even though the price chart is still flashing red right now. Typically, when major funds choose to average down during a downturn, it can be a sign they expect a sharp rebound in the future.
Looking further ahead: is this a smart accumulation strategy or a high-risk bet? The movement of capital from a heavyweight like AAVE to SKY is a move worth keeping a close eye on.
Do you think SKY will recover soon, or will it drop even further? Share your thoughts below and follow.
👉 News, signals, opportunities — Follow the Channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#CryptoMarket #Trading #Crypto #WhaleAlert #OnChain $TRX
According to data from Lookonchain, the ParaFi Capital investment fund has just added another $2.98 million to buy 56 million SKY tokens.
Details of this fund’s portfolio:
📍 Amount just purchased: 56 million SKY
📍 Total holdings: 126 million SKY
📍 Total value: $6.64 million
📍 Average buy price: $0.066
📍 Status: Currently down by about $1.72 million
Deep dive:
ParaFi’s shift from AAVE to SKY since last March—and now continuing to buy more—shows they have extremely strong confidence in the project’s long-term potential, even though the price chart is still flashing red right now. Typically, when major funds choose to average down during a downturn, it can be a sign they expect a sharp rebound in the future.
Looking further ahead: is this a smart accumulation strategy or a high-risk bet? The movement of capital from a heavyweight like AAVE to SKY is a move worth keeping a close eye on.
Do you think SKY will recover soon, or will it drop even further? Share your thoughts below and follow.
👉 News, signals, opportunities — Follow the Channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#CryptoMarket #Trading #Crypto #WhaleAlert #OnChain $TRX