MON Token: Whale Buys 70.64 Million MON With $2.31M USDC at $0.0327 Average, Still Facing About $250k Unrealized Loss
NEAR/USDT
$164,486,624.12
$1.312 / $1.245
Change: $0.0670 (5.38%)
-0.0091%
Shorts pay
According to Lookonchain monitoring, as of December 3, the whale address 0x755b has continued accumulating MON since its listing, highlighting persistent buyer interest among large holders.
The entity has deployed approximately 2.31 million USDC to acquire around 70.64 million MON, translating to an average fill price of roughly $0.03267 per token. The position is currently recording an unrealized loss above $250,000.
This ongoing activity signals sustained demand from a sizeable wallet within the MON market. While the data reflect strategic positioning by a single address, readers should evaluate broader liquidity and trading volume before drawing conclusions about near-term price movements.