TechFlow News: On April 29, according to on-chain analyst Ai Aunt (@ai 9684xtpa), the Solana address JBhVo…MBYiv, after liquidating its $ASTEROID holdings for a profit, reallocated funds into $SCAN and ultimately incurred a loss of $86,800—erasing all prior gains.
This address previously held 52.8 million $ASTEROID tokens, which it fully sold five hours ago at an average price of $0.00306 per token. Its average cost basis was $0.00148 per token, yielding a total profit of approximately $83,700.
After liquidating $ASTEROID, the address accumulated $SCAN in multiple tranches, investing a total of $135,000 at an average cost of $0.00856 per token. However, its final purchase occurred just before Elon Musk un-pinned the related tweet; roughly thirty minutes after that purchase, the $SCAN price sharply declined. The address then exited its position at a stop-loss, resulting in a $86,800 loss—completely wiping out its earlier $ASTEROID profits.
