Whale 0x5AC Accumulates 2.9 Million OM: Major Losses Highlighted in Recent Data Analysis

COINOTAG reported on April 22nd that according to insights from The Data Nerd, a noteworthy investment activity was observed with Whale 0x5AC. This entity accumulated approximately 2.9 million OM tokens last month, with a total valuation of $18.7 million at the time of purchase, translating to an average entry price of around $6.45 per token. Recently, the whale transferred 1.724 million OM tokens to Binance, amounting to about $1 million. If this transaction were liquidated entirely, it would represent a staggering $10.11 million loss, equating to a 91% investment return. Currently, 0x5AC holds an additional 1.173 million OM tokens, with an unrealized loss estimated at $6.97 million, highlighting the volatile nature of cryptocurrency investments.