Markets· ★★· bearish·

Trader dumps PONS and AI tokens at $645K loss in 10 hours

  • —Sold 4.85M PONS for $1.24M and 354,878 AI tokens for $29K
  • —Total loss on the trade was about $645K within 10 hours
  • —The trader had earlier bought 5.24M PONS for 790 ETH (~$1.9M)
Why it matters: The large loss on obscure tokens highlights the risks of speculating in illiquid assets.
#PONS#AI
Source: PANews
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