Data: Distributed Capital founding partner Shen Bo sold LQTY tokens worth approximately 1.35 million USD

ChainCatcher news, according to @spotonchain monitoring, Shen Bo, founding partner of Distributed Capital, exchanged 557,140 LQTY for 613 ETH at a high price of $2.42, totaling $1.35 million, 9 hours ago. After Shen Bo completed the sell transaction, the LQTY price dropped to $2.3 (a decrease of 5%).

According to the crypto data platform RootData, Shen Bo is an angel investor in the Liquidity Protocol, so the cost of this transaction is unknown. He has held these LQTY since they were unlocked in July 2022. (Source link)