Crypto Trader Loses $2.53M in Panic Selling: What Went Wrong?
Successful crypto trading depends on hundreds of factors, but the same is true for failure. One such factor is the investor’s sentiments in the market, which could either build or destroy a token. This is what happened with the REEF token, whose price plunged drastically within a few hours, crashing the token and the portfolios of its holders. One of the biggest victims of the crash is this one crypto trader who lost $2.53M in panic selling.
What Went Wrong With This $2.53M Crypto Trading Loss?
A trader with three crypto wallets, with addresses 0x76e, 0xc49, and 0xfcc, jointly lost $2.54M after panic selling 866M REEF tokens. The popular analytics platform Spotonchain reported…
