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Suspected GUN market maker transferred 191 million tokens in the early morning, showing signs of high-frequency selling pressure in the morning

Suspected GUN market maker transferred 191 million tokens in the early morning, showing signs of high-frequency selling pressure in the morning

Bitget2025/04/01 03:51

Odaily Planet Daily reports that according to on-chain analyst @ai_9684xtpa, at 3 a.m. yesterday morning, a related address of the GUN project transferred out 191 million GUN tokens (about 2% of the total amount), which were originally intended for liquidity/market making. Subsequently until 8 o'clock this morning, there have been continuous high-frequency small-amount sell orders for this currency, averaging about 10 per second and about $6 per order, with an estimated hourly selling amount exceeding $210,000.

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