A giant whale address has lost more than $1.5 million after stockpiling SUSHI in recent days and liquidating it as it fell

BlockBeats news, on October 11, according to the data on the chain, the recent hoarding of SUSHI's whale address (0xafc0) in the coin price fell sharply when the clearance of 1.22 million SUSHI. With an average purchase price of $2.61 per SUSHI, it is expected to lose more than $1.5m. SUSHI is now trading at $1.23, down 10.8% in 24 hours, according to CoinGecko. One reason for the drop may have been rumors of a crypto scam by SushiSwap's new CEO.