Add as a preferred source on GoogleNew Wallet Spends About $128,000 on Gen.G Before League of Legends Final
The wallet bought 207,408.2 shares at an average entry price of 62 cents as Gen.G prepares to face BLG in a best-of-five.
A newly created wallet spent about $128,000 on shares backing Gen.G to beat BLG in Saturday's League of Legends S16 final, a sizable position ahead of the best-of-five match.
The wallet address is 0x65e7f7aea33c7531a2eee0f057047a00eebc31c8. It bought 207,408.2 shares at an average entry price of 62 cents each. The approximately $128,000 is the purchase amount.
Gen.G also led an earlier tournament-winner market with a 35% implied chance of taking the championship. That market tracked the chance of winning the full tournament; the wallet's shares were tied to Gen.G beating BLG in the final.
BLG advanced after beating HLE 2-0 in the Swiss-stage elimination round, DK 3-0 in the first knockout round and defending champion T1 3-1 in the semifinal.
The best-of-five final is scheduled for Saturday, Nov. 14, at 2 p.m. ET (19:00 UTC).
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.