A well-known investment institution made a profit of 28.13 million USD after 4 years of investment. Closing all positions in encryption projects has sparked market discussions.

Recently, on-chain data shows that a well-known investment institution completed its final batch of close all positions on a certain crypto assets project token in a short period of time. Analysts pointed out that the institution transferred out the last 10 million tokens in the past 10 hours, worth approximately 7.42 million dollars. These tokens are expected to gradually flow into multiple Centralized Exchanges in the coming days.

The institution purchased 70 million Tokens from the project party's treasury through over-the-counter trading 4 years ago, with a unit price of $0.76 at that time. In November last year, the institution sold 50 million Tokens at an average price of $1.31. In the last 11 days, it sold another 20 million Tokens at an average price of $0.79.

Overall, the average selling price of this investment reached $1.16. It is estimated that the institution made a total profit of approximately $28.13 million from this investment.

This series of operations has sparked discussions in the market regarding the future development of the project. Some believe that the exit of large institutions may have a certain impact on the project's price trends in the short term. However, some analysts also point out that the profit-taking exit of institutional investors is a normal market behavior and should not be overinterpreted.

For the project itself, the exit of institutional investors may signify the entry into a new development stage. As early investors gradually withdraw, the degree of decentralization of the project may further increase, which could bring new opportunities and challenges for the project.

Overall, this event further highlights the high liquidity and rapid changes characteristic of the crypto assets market. Investors need to closely monitor market trends and reasonably assess risks and returns when participating in related investments.