SNDK Whale Places $10 Million Take-Profit Order After $2.8 Million Gain

BlockBeats said a wallet beginning 0x0ad9 had completed 13 SNDK trades, with 12 winners and one loser, for a reported net gain of about $2.816 million after fees and funding. The wallet was described as storage smart money.

Current long and exit order

The current long began on Oct. 12 at an initial average purchase price of $1,546.41 and was averaged down to $1,506.84. As of publication, the wallet held 6,646.976 SNDK units valued at about $9.259 million with a floating loss of about $757,000.

It placed a full-position take-profit order at $1,510 for about $10.037 million. At a $1,393 mark price, the report said an 8.4% rebound was needed to reach the order. The flash did not identify the full wallet, venue, product type or transaction hashes, and the figures are attributed to BlockBeats’ monitoring.

Read the original BlockBeats flash.