Crypto KOL Ansem swapped to buy IBRL, with a total loss of over $30,000.

BlockBeats News, May 23rd: According to ai_9684xtpa, a crypto KOL Ansem spent a total of $377,000 in the past two days on swapping LAUNCHCOIN, GOONC, and SOL for IBRL, at an average price of $0.04714 per IBRL.

9 hours ago, Ansem sold 600,000 IBRL to swap back for GOONC, resulting in a loss of $7,655. Ansem still holds 7.6 million IBRL, with an unrealized loss of $24,000.

IBRL is the test token of Gavel, a new token issuance platform on Solana. On May 21st, Gavel raised a total of 30,747 SOL (approximately $5.72 million). Due to Ellipsis Labs, a well-known Solana infrastructure provider, and investments from Toly and Paradigm, the post-TGE valuation peaked at $67 million but has since dropped to $48 million.