A $4 million transfer of ELSA tokens from a team wallet to Bybit coincided with volatile price fluctuations, drawing attention in the crypto market.
On January 23, $4 million worth of ELSA tokens were moved from a team wallet to two new wallets and subsequently sent to Bybit. The token surged 173% in early trading before experiencing a 38% drop within an hour. At the time of reporting, ELSA was priced at $0.21459 with a market cap of $48.54 million.