The whale/institution that pledged KAITO two months ago is suspected to have stopped loss and left the market, losing $1.17 million

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PANews reported on July 24 that according to on-chain analyst @ai_9684xtpa's monitoring, a whale/institution that staked KAITO two months ago appears to have stopped loss and exited, incurring a loss of $1.17 million. The address withdrew 1.79 million KAITO tokens (worth $3.99 million) from Binance at an average price of $2.23 on May 29; 10 hours ago, when the staked tokens were recharged back to Binance, they were worth only $2.82 million, with the token price dropping 43% during this period.

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