TechFlow reports, on January 27, according to on-chain analyst @ai_9684xtpa, crypto KOL Ansem sold off his entire position of 4.52 million VINE tokens within the past 50 minutes.
It is understood that Ansem entered the position on January 25 when VINE's market cap was approaching $400 million, with an average cost of $0.3905 per token.
As the token price dropped 12% over the past 24 hours, he ultimately liquidated his holdings at $0.2723 to stop losses, resulting in a loss of approximately $317,000 from this trade.
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