HuoXing Finance reports that on May 25, according to AI Aunt monitoring, ESPORTS plummeted by 92%, with DWF Labs suspected as the token’s market maker. Five days prior, the address 0x7Ef…C10dD deposited 19.9 million ESPORTS tokens—valued at $13.9 million—into a Kraken address associated with DWF. The upstream funds of this address originated from the token’s deployment address, which was also one of the key addresses accelerating this crash through high-frequency on-chain selling of the token.
ESPORTS Token Drops 92% Amid Suspected Market-Making Activity by DWF Labs
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Summary
Whale activity triggered a 92% drop in ESPORTS on May 25, 2026, as AI Aunt detected a major on-chain sell-off. A linked address associated with the token’s deployment had deposited 19.9 million ESPORTS ($13.9 million) into Kraken five days prior. Ongoing token sales from the upstream address suggest continued distribution, raising questions about DWF Labs’ potential role as a market maker.
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