The truth behind the sudden crash of LISA's price has surfaced. On-chain data shows that three hours ago, 10 million LISA tokens were transferred to a major exchange, with a market value of approximately $1.65 million at the time. Most importantly, the source of these funds directly points to the project team's SafeProxy address. Just 30 minutes after the deposit was completed, the price began to plummet, suspected of being manipulated through limit orders to suppress the price followed by a large-scale sell-off. This is a familiar tactic—project team depositing funds to dump tokens. The fund flow is clearly visible, flowing directly from the project's treasury to the exchange, then leading to a market crash, resembling a chain reaction. This incident once again reminds investors to pay close attention to large transactions and abnormal movements in institutional holdings, especially the movements of the project team's wallets, which often foreshadow drastic price changes.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
4
Repost
Share
Comment
0/400
PanicSeller69
· 7h ago
Coming to dump again? The project team has played out all their tricks, can't they come up with something new?
View OriginalReply0
GasFeeAssassin
· 7h ago
Another project team sabotaging their own project, truly impressive
View OriginalReply0
LoneValidator
· 7h ago
Ha, it's the same old trick again. The project team dumps tokens directly from the treasury, really not treating us as people.
View OriginalReply0
SandwichVictim
· 7h ago
Coming back with this again? SafeProxy dares to do this so blatantly, do they really think we're fools?
The truth behind the sudden crash of LISA's price has surfaced. On-chain data shows that three hours ago, 10 million LISA tokens were transferred to a major exchange, with a market value of approximately $1.65 million at the time. Most importantly, the source of these funds directly points to the project team's SafeProxy address. Just 30 minutes after the deposit was completed, the price began to plummet, suspected of being manipulated through limit orders to suppress the price followed by a large-scale sell-off. This is a familiar tactic—project team depositing funds to dump tokens. The fund flow is clearly visible, flowing directly from the project's treasury to the exchange, then leading to a market crash, resembling a chain reaction. This incident once again reminds investors to pay close attention to large transactions and abnormal movements in institutional holdings, especially the movements of the project team's wallets, which often foreshadow drastic price changes.