Solana-Based AI Token Ava Drops 96% After Insider Dump

On-chain data reveals insiders sold roughly 40% of Ava’s supply, triggering a steep price collapse.

SOL

Summary

No Summary provided as the original text is short

Terms & Concepts
  • On-chain data: Information recorded directly on a blockchain, allowing transparent tracking of transactions and token movements.
  • Token supply: The total quantity of a cryptocurrency or token available in circulation or held by investors.
  • Insider trading (crypto context): When individuals with privileged project information buy or sell tokens before public disclosure, often affecting market prices.