CoinScoopWhale liquidates PONS holdings, triggering 4% price drop
A whale investor sold 5.338 million PONS tokens for $3.67 million, causing the token price to fall by 4% from $0.6968 to $0.6688. According to on-chain analyst Ai 姨 (@ai_9684xtpa), the sale resulted in a loss of approximately $200,000 for the investor, who had previously held PONS as their largest on-chain asset.
Summaries are written by AI from the original article. Not investment advice.