PANews reported on November 15 that according to Lookonchain monitoring, after Binance announced the launch of the $DEGEN perpetual contract, a crypto whale sold 6.43 million $DEGEN in exchange for 70.78 $ETH, equivalent to about $219,000. The whale previously spent 934 $ETH (about $3.42 million) to purchase 140.71 million $DEGEN between April 8 and May 10, with an average purchase price of $0.0243. After holding for more than six months, the whale finally realized a profit of about $790,000.
A whale sold 6.43 million DEGEN after Binance announced its launch, making a profit of about $790,000
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