Recent Whale Transactions Foreshadow a Potential SUSHI Sell-off
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- Lookonchain tweeted that a whale recently unstaked 4.08 million SUSHI.
- The blockchain tracking firm also tweeted that GoldenTree transferred 5,954,024 SUSHI to Binance recently.
- In related news, the price of SUSHI has fallen more than 8% in the last 24 hours.
Lookonchain (@lookonchain) tweeted this morning that a whale recently unstaked 4.08 million SUSHI, which is the native token of the decentralized exchange SushiSwap.
According to the tweet, this whale previously received 3.78 million SUSHI last year and staked the lump sum when the price of the altcoin was around $3. The post added that the crypto was trading at approximately $11 the previous time this whale had received SUSHI. This whale had then transferred the acquired SUSHI to Bitfinex at around $6.
In another tweet this morning, Lookonchain shared that GoldenTr…
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