Analyst: MOCA Suspected to Be Entrusting Galaxy Digital for Market Making or Token Selling
According to on-chain analyst @ai_9684xtpa, MOCA is suspected of entrusting Galaxy Digital for market making or selling tokens.
In the past two weeks, the Mocaverse liquidity distribution multi-signature address transferred 74.07 million MOCA, worth $5.92 million, to Galaxy Digital;
4 hours ago, Galaxy recharged 40 million of these tokens, worth $3.6 million, to a CEX.
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.
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