Analyst: GUN’s high-frequency selling orders may also be caused by Launchpool’s large investors setting up automatic selling of coins
on-chain data analyst @ai_9684xtpa posted on social media that the situation of "high-frequency small sell orders on the GUN/USDT trading pair on Binance" previously disclosed by him may also be a situation where a large participant in Launchpool has set up a robot to automatically sell coins.
Based on the previous sell orders, tokens worth $216,000 are sold every hour, totaling $2.592 million for 12 consecutive hours; if the large participant triggers the BNB reward pool cap and mines for 3 days, they can indeed receive the corresponding 32 million tokens.
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
Bitget Spot Margin Announcement on Suspension of DOG/USDT, ORDER/USDT, BSV/USDT, STETH/USDT Margin Trading Services
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Bitget Trading Club Championship (Phase 20)—Up to 2400 BGB per user, plus a RHEA pool and Mystery Boxes
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— enjoy up to 8% APR and share 30,000 USDT!
