Spartan Group's substantial DYDX dealings disclosed by Lookonchain

  • Stock Market News
Spartan Group's substantial DYDX dealings disclosed by Lookonchain

Blockchain firm Lookonchain revealed the significant trading activity of Spartan Group involving DYDX on the Binance exchange. The Singapore and Hong Kong-based firm has been actively trading, with a net withdrawal of 740 thousand units between January 13 and June 13, 2023.

During this period, Spartan Group deposited 500 thousand units, equivalent to $1.04 million, and withdrew 1.24 million units, valued at $2.25 million. These transactions were conducted at an average price of $2.04 per unit.

Despite the recent 4.2% surge in DYDX's price to $2.06, Spartan Group's holdings remained unaffected by the daily trading volume of DYDX. Currently, the group holds 737,623 units of DYDX, realizing a profit of $54,500 from their trading activities.

It's important to note that these figures do not constitute investment advice but are merely a reflection of Spartan Group's trading activity on the Binance exchange as reported by Lookonchain.

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