Suspected GUN market maker transferred 191 million tokens in the early morning, showing signs of high-frequency selling pressure in the morning
Odaily Planet Daily reports that according to on-chain analyst @ai_9684xtpa, at 3 a.m. yesterday morning, a related address of the GUN project transferred out 191 million GUN tokens (about 2% of the total amount), which were originally intended for liquidity/market making. Subsequently until 8 o'clock this morning, there have been continuous high-frequency small-amount sell orders for this currency, averaging about 10 per second and about $6 per order, with an estimated hourly selling amount exceeding $210,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
"Maji" closed BTC and HYPE long positions, ETH long position has an unrealized loss of over $510,000
「Buddy」 Liquidates BTC and HYPE Longs, ETH Longs See Unrealized Loss of Over $510,000
An address associated with a certain block builder deposited 4,900 ETH, worth $13.72 million, to a certain exchange.
Aster will launch the fifth phase airdrop "Crystal" on December 22nd.
Trending news
MoreCrypto prices
More
