ME News reports that on September 8 (UTC+8), according to GMGN monitoring, at 10:49:44 today, WLFI advisor ogle, using an address starting with 0x1Bcc, made their first purchase of 1,790,500 OURO tokens on the Robinhood Chain via a cross-chain swap, paying 10,000 USDC in total, for an average purchase price of approximately $0.00558. Based on the current price, this new position is valued at approximately $9,655, with a paper loss of about $345, representing a return of approximately -3.45%. Additionally, two associated addresses still hold a combined total of approximately 15,276,900 PONS tokens, valued at around $10.588 million at current prices. Of this, the address starting with 0x1Bcc holds approximately 10,958,100 PONS, while the address starting with 0x825F holds approximately 4,318,800 PONS. OURO, short for OuroLayer, is a new protocol on the Robinhood Chain positioned as its “fee-generating layer.” Each OURO transaction incurs a 5% transaction tax, part of which is used to repurchase and distribute ecosystem assets, while another portion is allocated to establish long-term liquidity positions. The protocol’s initial reserve pools primarily focus on CASHCAT and PONS. Its current market cap stands at $4.2 million, with a 54% increase over the past 24 hours. This position was opened via the address: 0x1bcc5f67cd17e13770f199fa03bc043b0cde1143 (Source: BlockBeats)
WLFI Advisor ogle buys 1.79M OURO on Robinhood Chain, holds $10.5M PONS
KuCoinFlashShare
Summary
On-chain data shows that WLFI advisor ogle, via the 0x1Bcc address, executed a cross-chain swap to purchase 1.79 million OURO tokens on Robinhood Chain, paying 10,000 USDC. The price per token was approximately $0.00558, with the current position value at $9,655, representing a floating loss of $345, or -3.45%. On-chain analysis reveals that two associated addresses still hold approximately 15.28 million PONS tokens, valued at around $10.59 million. OURO, or OuroLayer, is a new protocol on Robinhood Chain that imposes a 5% transaction tax to fund asset repurchases and liquidity. The protocol’s reserve pool includes CASHCAT and PONS. OURO has a market cap of $4.2 million, up 54% in the last 24 hours.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.