TechFlow News, according to Spot On Chain monitoring, venture capital firm BlockTower Capital appears to be selling FXS.
Over the past two days, BlockTower Capital has sold 150,304 FXS at an average price of approximately $10.5, receiving 1.51 million USDC, which reportedly caused the token's price to drop by about 11%. Their most recent sale occurred 7 hours ago, and they may soon sell the remaining 91,693 FXS (worth approximately $843,000). Their total profit amounts to $961,000 (+69%).




