Lookonchain
Jelitics sold half of his $SI position at a loss, offloading 21.38 million tokens worth $279,000. He had previously said, “You can sell me all your $SI tokens.”
Why it matters
The sale reverses that public stance and puts a concrete loss on the position: Jelitics invested a total of $1.4 million in $SI and is now down $562,000.
Market impact
The reported transaction is a notable holder sale, but the seed does not establish whether it reflects broader selling across $SI. The key figures are the 21.38 million tokens sold and the reported $562,000 loss on the investment.
Frequently asked questions
-
How many $SI tokens did Jelitics sell?
He sold 21.38 million $SI tokens, described as half of his position.
-
What was the reported value of the $SI sale?
The 21.38 million tokens sold were worth $279,000.
-
How much had Jelitics invested in $SI?
He invested a total of $1.4 million in $SI.
-
What loss is reported on Jelitics' $SI investment?
His $SI investment is reported to be down $562,000.
-
What had Jelitics previously said about buying $SI?
He had said, “You can sell me all your $SI tokens.”
Crypto Rank News
Crypto News
CoinDesk
WatcherGuru
TheBlock
WuBlockchain