Whale 0xa87 just deposited 634,400 MAVIA ($2.18M) to Bybit at $3.447:

• transaction: 0xbba1f22e6c7849542c09b052a27bf12488be1163b3152a1893d95e44303da286
• address: 0xa87a233e8a7d8951ff790a2e39738086cb5f71b7

Notably, the whale withdrew those 573,412 from Bybit at $5.239 on average (estimated cost: $3.0M) between March 23 and April 13, 2024, and then earned more tokens by allegedly playing Heroes of Mavia. If truly selling, the whale would realize an estimated loss of $818K (-27.2%) after nearly 2 months of holding.

Fig 1. Whale 0xa87's overall MAVIA trading history.