The wallet moved 220,000 AVAX to Binance, potentially facing a $380K loss if sold at current market prices, after purchasing at $24.7 per token two months ago.
Qube_RT transferred 220,000 AVAX tokens, worth approximately $5.05 million, to Binance. The tokens were acquired from Galaxy Digital at $24.7 each, and at current prices, selling would result in a $380,000 loss. The transfer occurred two months after the initial purchase, showing a significant shift in market conditions.