The post Whale Sells $17.5M NEIROETH, Shifts Focus to NEIRO appeared first on Coinpedia Fintech News
A crypto whale famous for profiting $145M from investing in Shiba Inu (SHIB), is now making a major portfolio strategy switch. The whale has swapped out a loss-making position in “Neiro Ethereum” (NEIROETH), selling 17.5 million tokens for $1.22 million. By taking an exit, the whale incurred a substantial 55% loss ( worth $1.49M) after holding the meme coin for just one month. Surprisingly, the whale has doubled down on its investments in “First Neiro on Ethereum” (NEIRO). It purchased 841.6 million tokens for $1.45 million. This adds to their total holding of 3.85 billion NEIRO worth $6.51 million resulting in 67% unrealized profit worth $2.67M. The whale’s portfolio has 3.11 million Fetch.ai (FET) tokens, sitting on a $1.13M unrealized profit (+32.6%).
