Whale 0x48a (likely an investor in SingularityNET) just spent 2.835M USDT to buy back 1.792M FET ($2.39M) via Binance at $1.332:

• USDT transaction 1: 0xa38d233934d06e88c62d30e54f5501a4954a62d24f30b6981226fc1ade3a65c1
• USDT transaction 2: 0x5ea04be8a41f03658024c19190369a7b6f1945e8f5602ce1f2c60e1fa0e45885
• FET transaction 1: 0x2dfd45605046931ae4b3f1e47b9ce9c622e69b5a3b9ed037cda6798af9c3f3b9
• FET transaction 2: 0xc4ff0554cd7809a4cdeac377d28c9545a19022589769d8b20c1c4b99165b001f
• address: 0x48a5507b37f4b276fdb782e79bbf05c41ce1b6a8

Notably:

• The whale received 10M AGIX from SingularityNET on May 30 and 31, 2021, when the price was only $0.045 ($456K), and then migrated them to 4.334M FET on July 6, 2024;
• Between August 11 and 23, 2024, the whale sold 2.333M FET for 2.385M USDT via Binance at an average price of only $1.022.
• However, with the FET price surging by 67% in the past 7 days, the whale appears to regret selling and has decided to buy back 1.792M FET ($2.39M) at a higher price of $1.332.

Currently, the whale holds a total of 3.79M FET ($5.04M).

The FET price pumped 5.21% in the past hour.

Fig 1. Whale 0x48a (likely an investor in SingularityNET) bought back 1.792M FET ($2.385M) via Binance just now.

Fig 2. The current FET holdings of Whale 0x48a (likely an investor in SingularityNET).

Fig 3. The FET price chart of Whale 0x48a (likely an investor in SingularityNET)'s FET inflows and outflows.