Fenbushi Capital Sells $5.14M in Crypto Including Significant Losses on SUSHI and UNI

On October 1, Lookonchain’s monitoring revealed that Fenbushi Capital divested approximately $5.14 million in cryptocurrency assets within a span of three hours. The assets liquidated include 136,094 EIGEN, valued at roughly $514,000; 146,537 UNI, approximately $1.13 million; 10.17 million SNT, worth around $244,000; 10,681 COMP, nearly $509,000; 11,616 AAVE, about $1.9 million; 344,086 SUSHI, totaling $276,000; and 219 ETH, approximately $576,000. Crucially, records indicate that during this series of transactions, Fenbushi Capital incurred significant losses: $2.44 million (a 90% loss) on SUSHI, $2.27 million (an 82% loss) on COMP, $1.53 million (a 42% loss) on UNI, and $499,000 (a 15% loss) on AAVE.