Dragonfly Capital Deposits 62.62 Million AEVO to FalconX Amid Major Losses

COINOTAG has disclosed that on September 24, based on monitoring by ai_9684xtpa, two Dragonfly Capital addresses have deposited a significant amount of 62.62 million AEVO tokens (approximately USD 25.04 million) to FalconX. This transaction took place just six hours ago, and it appears that all positions accumulated since May have been liquidated, resulting in an estimated loss of USD 36.84 million. Further analysis reveals that between May 13 and 15, the two addresses had withdrawn 63.23 million RBN tokens from Coinbase at an average price of USD 0.9882. Subsequently, the RBN tokens were exchanged for AEVO on a one-to-one basis. The current market valuation of AEVO has plummeted to USD 0.3999, reflecting a decline of nearly 59%.