US-based cryptocurrency investment firm Dragonfly Capital has sold its entire stake of 62.62 million AEVO tokens to FalconX exchange, resulting in a loss of $36.84 million. Dragonfly Capital had previously acquired these tokens in May, swapping 63.23 million RBN tokens for AEVO at an average price of $0.9882. The current valuation of AEVO at around $0.39 represents a significant decline in value. This move by Dragonfly Capital raises concerns about the impact on AEVO investors and the wider cryptocurrency market.



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