ParaFi Capital Adds 56M SKY Tokens Worth $2.98M

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Summary

On-chain data shows that ParaFi Capital added 56 million SKY tokens ($2.98M) on July 2. Earlier in March, the firm exchanged 42,500 AAVE for 70 million SKY. It now holds 126 million SKY tokens valued at $6.64M, with an average purchase price of $0.066 and a floating loss of $1.72M. Altcoins to watch remain in focus as major players adjust their positions.

BlockBeats news, July 2: According to Lookonchain monitoring, after converting its AAVE holdings to SKY in March, investment firm ParaFi Capital further increased its position today by acquiring 56 million SKY tokens (valued at $2.98 million) one hour ago.

In early March, they exchanged 42,500 AAVE at $124 each for 70 million SKY. They now hold a total of 126 million SKY ($6.64 million), with an average cost of approximately $0.066 per SKY, resulting in an unrealized loss of $1.72 million.

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