Large ILV Sale Causes Immediate Price Drop

According to @EmberCN, @luggisdoteth sold 40,730 ILV (worth $2.91 million) for 778.7 ETH on-chain 15 minutes ago, causing the ILV price to drop by 5.6% instantly. Despite this sale, he still has 260,000 ILV staked in Illuvium, valued at approximately $17.64 million.
Source余烬
@EmberCNAnalyst about On-chain Analysis