Suspected GUN market maker abnormally transferred 191 million tokens at 3 a.m. yesterday
Editor
2025-04-01 12:04 4,748
Share to:
According to the monitoring of the on-link analyst @ai_9684xtpa, GUN market makers are suspected to have high-frequency small-sell orders from the early morning to 8 o'clock in the morning. On average, 10 orders are about US$6 per order in 1 second, and they can sell about US$216,000 tokens per hour.
According to the research report of Binance New Coin, 2% of the total tokens (i.e. 200 million) of GUN are used for liquidity/market making, and marked "The token has not been distributed to the market maker yet, and additional address information will be provided in the future." However, the address has transferred 191 million tokens at 3 am yesterday. Currently, the price of GUN coin has fallen to US$0.07634. Market makers seem to have just withdrawn their bulk sell orders, and the coin price has rebounded slightly.