Limitless Team Sells 5 Million LTMS Tokens for $2.3M Profit

Crypto KOL ManaMoon reports the Limitless team sold 5 million LMTS tokens for $2.3 million and continued liquidations after moving an additional 10 million tokens.

Summary

On October 23, crypto KOL ManaMoon reported that the Limitless team transferred 5 million LMTS tokens to a wallet and sold them, earning a $2.3 million profit. Hours later, the team moved another 10 million tokens and continued selling despite a brief market rebound.

Terms & Concepts
  • Token Sale: The process of selling cryptocurrency tokens, often for profit or fundraising.
  • Wallet: A digital tool that stores cryptocurrency and allows transactions on blockchain networks.
  • LMTS Token: A cryptocurrency token associated with the Limitless project, used in trading or project-related activities.