Spartan Group's substantial DYDX dealings disclosed by Lookonchain

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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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