Based on the monitoring of on-chain analyst Yu Jin, a whale transferred 1.37 million SNX (worth $2.83 million) to Coinbase 9 hours after the market rebounded. This whale has transferred a total of 3.94 million SNX (worth $8.21 million) to Coinbase in 8 days, and then gradually withdrew 7.8 million USDC from Coinbase. These SNX may have been sold in whole or in part, and it is precisely because of the whale's selling that the SNX trend is weaker than the overall market.
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