ESPORTS-Linked Sellers Move 35.13 Million More Tokens After 22.73 Million Sale

According to on-chain analyst Ember, addresses linked to the ESPORTS project sold 253 million ESPORTS tokens for 17.29 million USDT over 11 hours, equal to 28% of the token’s total supply. The source says the tokens were first swapped into about 26,000 BNB and then converted into USDT. During the sell-off, ESPORTS fell from $0.7 to $0.035. This adds a larger quantified total to earlier reports of project-linked selling on BNB Smart Chain, reinforcing that sustained distribution from associated wallets was a central factor in the token’s collapse.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.