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Framework Ventures Deposits 6.5 Million $SNX Tokens!

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By on December 5, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Framework Ventures Deposits 6.5 Million $SNX Tokens! appeared first on Coinpedia Fintech News

As per the latest news, Framework Ventures which is the largest single Synthetix holder and investor has deposited 6.5 million SNX tokens worth $19.6 million to CoinbasePrime about 7 hours ago. Reportedly, four months ago, the VC withdrew 6 million SNX tokens then worth ~$7.2 million from CoinbasePrime at its local bottom. However, if they would have bought these then and sold them now. The estimated profit would have been ~$10.9 million or +152%. Notably, Framework Ventures currently holds 17.9 million SNX tokens worth $54 million.

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