A certain address swept more than 1% of BAYC supply 4 months ago, and the current value has dropped by about 4.3 million US dollars
According to Cirrus, an advisor for Arcade.xyz, who posted on X platform 4 months ago, when the BAYC floor price fell below 25 ETH, an address swept in more than 1% of the supply in an attempt to buy the dip, but now these BAYCs have lost about 1400 ETH ($4.3 million) in value. Blur data shows that the BAYC floor price is currently at 13.4 ETH, with a 7-day decline of 7.66%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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