According to @EmberCN, @luggisdoteth sold 40,000 ILV for 562.8 ETH ($1.5M) an hour ago, causing ILV's price to drop by 7.7% (from $40.3 to $37.2). This is not the first time such a sale has impacted the market; on June 22, selling 40,730 ILV ($2.91M) caused a 5.6% price drop. Currently, @luggisdoteth still holds 221,000 ILV worth $8.31M.

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.