CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Coin Edition 2025-02-18 12:20:00

Galaxy Digital’s $8.5 Million Loss Betting on Three Solana-Based Tokens

Galaxy Digital incur losses across PNUT, ai16z, and ARC cryptocurrencies. PNUT, ai16z, and ARC are built on the Solana blockchain. SOL has lost all the gains it made at the beginning of the year. A Chinese crypto user on X has spotted notable losses on Galaxy Digital’s holdings across some cryptocurrencies on the Solana blockchain. According to the crypto user, they identified a crypto wallet belonging to a well-known asset manager that spent $16.41 million to take positions in three crypto tokens. 「近三个月花费 1641 万美金建仓 $PNUT & $ai16z & $arc」的地址大概率归属于 Galaxy Digital 目前该机构在这三个 Memecoin 上的累计亏损高达 849.3 万美金,尚不确定是否参与了做市 PNUT:持有 2146 万枚,成本 $0.3743,浮亏 493.5 万美金 ai16z:持有 753 万枚,成本 $0.7446,浮亏 313.3… https://t.co/a1JShknEP6 pic.twitter.com/U9g6huoHl9 — Ai 姨 (@ai_9684xtpa) February 18, 2025 Related: Solana Meme Coin Chaos: Scandals Spark Investor Risk Debate $16 Million Crypto Wager on PNUT, AI16Z, ARC Turns Red In a recent post on X, the Chinese observer noted that Galaxy Digital invested the funds into … The post Galaxy Digital’s $8.5 Million Loss Betting on Three Solana-Based Tokens appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.