#Sigil Fund CIO Transfers Out 6.54 Million BIO#

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Overview

Sigil Fund CIO Fiskantes transferred 6.54 million BIO to Binance 2 hours ago. These BIO were obtained through a public offering, with an average price of $0.04. The current price of BIO is $0.74, resulting in a return of approximately 18 times, or about $4.5 million.

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Analysis

Sigil Fund's CIO Fiskantes transferred 6.54 million BIO to Binance two hours ago. These BIO were obtained through a public offering, with an average price of $0.04, while the current price of BIO is $0.74. His return is about 18 times, worth about $4.76 million. This move has attracted market attention, with many speculating that Fiskantes may be selling BIO, which could negatively impact the price of BIO. However, some believe that this may be Fiskantes' personal investment strategy and does not necessarily represent the overall investment direction of Sigil Fund. Currently, Sigil Fund has not made any official statement on this matter.

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Sigil Fund CIO transferred 6.54 million BIO to Binance

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These BIO were obtained through a public offering

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The public offering price was about 0.04

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The current price of BIO is 0.74

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The return is about 18 times

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The value of BIO transferred to Binance is about 4.77 million USD

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This event was monitored and published by Arkham

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