After a 40,000 ILV sell-off, Illuvium is really feeling the downturn. No to Web3 gaming, yes to global domination. 🙃
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Synthetix founder Kain Warwick unlocked and received 150,000 ILV tokens from the Illuvium Vesting contract
worth approximately 6.47 million US dollars.
Subsequently, kain.eth transferred 40,000 ILVs to an address.
The price of ILVs, which was around $70 when it was unlocked, fell by about 9% to current levels of $64.9.
About half of the 150,000 ILVs have been unlocked so far, causing the price to drop from around $79 at the time of writing.
worth approximately 6.47 million US dollars.
Subsequently, kain.eth transferred 40,000 ILVs to an address.
The price of ILVs, which was around $70 when it was unlocked, fell by about 9% to current levels of $64.9.
About half of the 150,000 ILVs have been unlocked so far, causing the price to drop from around $79 at the time of writing.
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