PANews reported on April 2 that according to OnchainLens monitoring, a whale sold 893,123 FETs at a unit price of $0.465 after holding them for four months, in exchange for 222 ETH (worth $416,000), resulting in a loss of $2.29 million.

The whale initially bought 1.49 million FETs at $2.98 million by selling ETH and WOJAK. Now, it only has 600,000 FETs left, worth $274,000.