A cryptocurrency whale has taken action to sell the altcoin it made millions of dollars in a short period of time.
According to data reported by the on-chain analysis platform Spot On Chain, a whale rolled up its sleeves to sell Frontier (FRONT) on March 18th.
The data revealed that the whale transferred 1.22 million FRONT worth 3.03 million dollars to the cryptocurrency exchange Binance. Thanks to this investment, the whale made a profit of about 2.4 million dollars within about 2 months.
On the other hand, it was noteworthy that the whale made the transfer to Binance via market maker DWF Labs. DWF Labs had ended its FRONT investment about 9 days ago with a 402 thousand dollar profit sale.
Similar to Chainlink (LINK), Frontier, a DeFi aggregator, managed to please its investors by showing a 220% rise in the last 1-week period.
