According to ChainCatcher, blockchain analyst @ai_9684xtpa monitored that at 3 AM yesterday, a related address of the GUN project transferred 191 million GUN tokens (approximately 2% of the total supply), which were originally intended for liquidity/market-making. Subsequently, until 8 AM today, the token has continued to show high-frequency small-scale sell orders, averaging about 10 transactions per second, with each transaction around $6, estimated to be selling over $210,000 per hour.

According to Binance's new token research report, these tokens were originally "not yet distributed to market makers, and additional address information will be provided later".