According to on-chain analyst Ember (@EmberCN), multiple addresses associated with ESPORTS projects have been continuously selling $ESPORTS on the BSC chain since 18:18, accumulating a total of 178 million tokens sold in exchange for 19,049 BNB (approximately $12.76 million), causing the price of $ESPORTS to plummet over 90% within the past two hours.
ESPORTS Project Sells 178M Tokens, Cashes Out $12.76M in 2 Hours
TechFlowShare
Summary
An ESPORTS project announcement reveals that multiple addresses have been aggressively selling $ESPORTS on the BSC chain since 18:18. Over 178 million tokens were sold, yielding 19,049 BNB (approximately $12.76 million). The project funding news triggered a price decline of over 90% within two hours.
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