Fenbushi Capital Sells $5.14M in Crypto Assets at a Loss
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According to @lookonchain, Fenbushi Capital has incurred significant losses on multiple cryptocurrency investments. They lost $2.44M (-90%) on SUSHI, $2.27M (-82%) on COMP, $1.53M (-42%) on UNI, and $499K (-15%) on AAVE. Recently, they sold $5.14M worth of assets, including 136,094 EIGEN ($514K), 146,537 UNI ($1.13M), 10.17M SNT ($244K), and 10,681 COMP ($509K), all at a loss. This indicates a strategic shift or liquidation under financial pressure.
SourceLookonchain
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