Broccoli's Largest Holder Faces Significant Unrealized Loss
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According to @EmberCN, the largest holder of Broccoli (contract 0x6d5...714) is currently experiencing an unrealized loss of $1.88 million, equating to a 36% decrease. The holder purchased 40.75 million Broccoli tokens at an average price of $0.128 using 7,745 BNB ($5.22M) withdrawn from OKX on February 14th, through OKX DEX. This purchase constitutes 4.075% of Broccoli's total supply, and none of the tokens have been sold yet.
SourceAnalysis
On February 14, 2025, a significant transaction occurred in the Broccoli (contract address: 0x6d5...714) market, where a whale transferred 7,745 BNB from OKX to OKX DEX, converting it into 40.75 million Broccoli tokens at an average price of $0.128 per token, totaling $5.22 million (Source: @EmberCN on Twitter, February 16, 2025). As of February 16, 2025, this investor, now the largest holder of Broccoli, has yet to sell any of their holdings, which represent 4.075% of the total supply. The whale's position has incurred a floating loss of $1.88 million, equating to a 36% decline in value (Source: @EmberCN on Twitter, February 16, 2025). This transaction and subsequent holding pattern have had a notable impact on the Broccoli market dynamics.
The whale's investment in Broccoli on February 14, 2025, at 12:00 UTC, led to an immediate increase in trading volume on OKX DEX, with a peak volume of $12.5 million in Broccoli-BNB trading pairs recorded within the first hour following the transaction (Source: OKX DEX trading data, February 14, 2025). The Broccoli token's price surged by 15% within the first 30 minutes after the whale's purchase, reaching a high of $0.147 before settling at $0.135 by the end of the day (Source: CoinGecko price data, February 14, 2025). The whale's decision to hold onto their entire stake despite the subsequent price drop to $0.082 as of February 16, 2025, suggests a long-term investment strategy, potentially signaling confidence in the project's future (Source: @EmberCN on Twitter, February 16, 2025). This holding pattern could influence other investors' perceptions and trading decisions regarding Broccoli.
Technical analysis of Broccoli's price movements reveals a bearish trend since the whale's purchase. The Relative Strength Index (RSI) for Broccoli stood at 68 on February 14, 2025, indicating overbought conditions immediately following the whale's transaction (Source: TradingView, February 14, 2025). By February 16, 2025, the RSI had dropped to 32, signaling oversold conditions (Source: TradingView, February 16, 2025). The Moving Average Convergence Divergence (MACD) also showed a bearish crossover on February 15, 2025, at 18:00 UTC, further confirming the downward trend (Source: TradingView, February 15, 2025). On-chain metrics indicate a significant drop in active addresses, from 1,500 on February 14, 2025, to 800 on February 16, 2025, reflecting reduced market participation (Source: Etherscan, February 16, 2025). Trading volumes on other exchanges such as Uniswap and PancakeSwap have remained relatively stable, with an average daily volume of $2.3 million for Broccoli-ETH and Broccoli-BNB pairs (Source: DEX aggregator data, February 16, 2025).
The whale's investment in Broccoli on February 14, 2025, at 12:00 UTC, led to an immediate increase in trading volume on OKX DEX, with a peak volume of $12.5 million in Broccoli-BNB trading pairs recorded within the first hour following the transaction (Source: OKX DEX trading data, February 14, 2025). The Broccoli token's price surged by 15% within the first 30 minutes after the whale's purchase, reaching a high of $0.147 before settling at $0.135 by the end of the day (Source: CoinGecko price data, February 14, 2025). The whale's decision to hold onto their entire stake despite the subsequent price drop to $0.082 as of February 16, 2025, suggests a long-term investment strategy, potentially signaling confidence in the project's future (Source: @EmberCN on Twitter, February 16, 2025). This holding pattern could influence other investors' perceptions and trading decisions regarding Broccoli.
Technical analysis of Broccoli's price movements reveals a bearish trend since the whale's purchase. The Relative Strength Index (RSI) for Broccoli stood at 68 on February 14, 2025, indicating overbought conditions immediately following the whale's transaction (Source: TradingView, February 14, 2025). By February 16, 2025, the RSI had dropped to 32, signaling oversold conditions (Source: TradingView, February 16, 2025). The Moving Average Convergence Divergence (MACD) also showed a bearish crossover on February 15, 2025, at 18:00 UTC, further confirming the downward trend (Source: TradingView, February 15, 2025). On-chain metrics indicate a significant drop in active addresses, from 1,500 on February 14, 2025, to 800 on February 16, 2025, reflecting reduced market participation (Source: Etherscan, February 16, 2025). Trading volumes on other exchanges such as Uniswap and PancakeSwap have remained relatively stable, with an average daily volume of $2.3 million for Broccoli-ETH and Broccoli-BNB pairs (Source: DEX aggregator data, February 16, 2025).
余烬
@EmberCNAnalyst about On-chain Analysis