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A SPXWhaleAddress that has made a profit of 289 times is selling SPX to lock in profits.
BlockBeats news, on October 12th, according to Lookonchain monitoring, a WhaleAddress holding 19.15 million SPX (approximately 15.7 million USD) is selling SPX to take profit, with a profit of about 14 million USD on SPX, yielding a return of 289 times. The Address spent $48,400 on Solana to buy 19.15 million SPX between January 29 and March 21. He bridged all SPX to the ETH network and started selling SPX on October 3. So far, the Address has sold 4.15 million SPX at a price of 708 ETH and still holds 15 million SPX (approximately 12.3 million USD).