Markets· ★★· bearish·

Jelitics dumps 21.38M SI tokens for $279K, realizing $562K loss

  • —Jelitics sold 21.38 million SI tokens for about $279,000
  • —Total investment in SI reached $1.4 million
  • —Unrealized loss stands at $562,000
  • —Jelitics had publicly promised to buy all SI tokens
Why it matters: A major holder breaking his public pledge to support the token adds selling pressure on SI and undermines trust in such commitments.
Source: PANews