Smart Money Addresses Profit from LAYER Transactions but Miss Further Gains

According to PANews, two smart money addresses accumulated $8.09 million worth of LAYER between March 1 and March 3. After holding the assets for two weeks, they sold them at a higher price, realizing a profit of $3.18 million. The purchase costs were $0.7856 and $0.9559 per unit, respectively. Despite the successful transaction, the addresses missed out on an additional $2.39 million in potential profits. The timing and method of these transactions suggest that the addresses may belong to the same whale or institution.