Whale 0xb6d unstaked and sold all 952,086 AEVO for 752,151 USDT at $0.79 on average in the past hour:

• address: 0xb6d7ffa3fee720cc2a00b94aa7c1cf6dd678fddf

Notably, this marks the end of the whale's first RBN/AEVO trade at an estimated loss of $580K (-31.2%) after over 2 months of holding:

• bought 1.228M RBN with $1.86M worth of USDC and ETH at $1.514 on average between March 8 and 18, 2024;
• staked RBN with Aevo and earned another 16,096 AEVO as a reward;
• sold the tokens at $1.02 on average ($1.28M), including swapping 292,404 RBN for 523,310 USDC on March 13, 2024, and swapping 952,086 AEVO for 752,151 USDT on May 16, 2024.

The AEVO price dropped 22.63% in the past 24 hours, as impacted by the massive unlock of 827.6M AEVO ($834M), or 752% of the circulating supply yesterday, according to Token Unlock.

Fig 1. Whale 0xb6d unstaked and sold all 952,086 AEVO for 752,151 USDT in the past hour.

Fig 2. Whale 0xb6d's trading RBN history.