A prominent holder of Solana's $ASTEROID token liquidated their position, only to incur significant losses after reinvesting in $SCAN. The investor, identified by the address JBhVo…MBYiv, sold 52.8 million ASTEROID tokens at an average price of $0.00306, realizing a profit of $83,700, with an initial average cost of $0.00148.
Subsequently, the investor allocated $135,000 into $SCAN at an average cost of $0.00856. However, this move coincided with Elon Musk's removal of a pinned tweet, leading to a sharp decline in $SCAN's value. Within half an hour of their last purchase, $SCAN plummeted, resulting in a loss of $86,800 for the investor, effectively wiping out their earlier gains.
Top Solana $ASTEROID Holder Sells Off, Faces Losses in $SCAN Investment
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