ParaFi Capital Continues to Increase Holdings by 56 Million SKY, Total Position Has a Floating Loss of $1.72 Million

CoinFeed reported on July 2, according to on-chain analyst Ember, investment firm ParaFi Capital continued to increase its holdings by 56 million SKY (worth $2.98 million) one hour ago after swapping AAVE for SKY in March. In early March, it exchanged 42,500 AAVE for 70 million SKY when AAVE was priced at $124, and today it withdrew 56 million SKY from Coinbase Prime. Currently, it holds a total of 126 million SKY (worth $6.64 million), with an average price of about $0.066 and a floating loss of $1.72 million.