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February 15, 2025 05:25:58 (UTC)
LIBRA Crashes 85% Amid $87.4M Sell-Off
According to Bubblemaps, the team behind the LIBRA token, which the Argentine president promoted, has reportedly sold and withdrawn around $87.4 million worth of USDC and SOL. This development correlates with an 85% drop in LIBRA’s value. Additionally, data shows that the Top100 holders purchased LIBRA at an average price of $1.6, leaving them at a loss of more than 56%. Many investors are now closely monitoring the token’s future trajectory and seeking clarity on the situation, awaiting further updates.
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Source: https://coinpedia.org/crypto-live-news/crypto-live-news-today-15th-feb/