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Cocoro suffered a loss of nearly 60% when receiving orders at a high position at a certain address

2025-03-09 01:05

Odaily Planet Daily News: According to analysis by Yu Jin, the cryptocurrency Cocoro experienced severe fluctuations within 12 hours, with some investors profiting through short-term trading strategies, while others suffered significant losses due to counter trend operations. On chain data shows that an anonymous address who buys near the highest price point quickly cuts out of the market or becomes the current biggest loser. The address bought 6.4 million Cocoro at an average price of 0.0836 USD last night, but sold them at a low price of $0.0338 2 hours ago, resulting in a single transaction loss of $317000 USD (loss rate of -59%). Analysis indicates that this operation coincided with Cocoro's rapid decline from a high of $0.085 to a pullback period of $0.034.

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