TechFlow reports, according to AI Aunt's monitoring, two addresses associated with Dragonfly Capital deposited 62.62 million AEVO (approximately $25.04 million) to FalconX six hours ago, seemingly liquidating all positions accumulated since May, incurring an estimated loss of $36.84 million.
These two addresses had withdrawn 63.23 million RBN from Coinbase during May 13–15 at an average price of $0.9882, subsequently exchanging $RBN one-to-one for $AEVO. The current price stands at only $0.3999, representing a decline of nearly 59%.
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