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A certain address swept more than 1% of BAYC supply 4 months ago, and the current value has dropped by about 4.3 million US dollars

CointimeCointime2024/05/20 00:28
By:Cointime

According to Cirrus, an advisor for Arcade.xyz, who posted on X platform 4 months ago, when the BAYC floor price fell below 25 ETH, an address swept in more than 1% of the supply in an attempt to buy the dip, but now these BAYCs have lost about 1400 ETH ($4.3 million) in value. Blur data shows that the BAYC floor price is currently at 13.4 ETH, with a 7-day decline of 7.66%.

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Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.

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