Analyst: "GUN's high-frequency small sell orders this morning" may also be that Launchpool big players set up robots to ship out

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PANews
04-01
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PANews reported on April 1st that blockchain analyst @ai_9684xtpa, regarding the previously disclosed "GUN's high-frequency small-amount selling orders this morning," added that another possibility is that a Launchpool whale set up a robot for selling. Based on the previous selling orders, the token sells 216,000 USD per hour, which would be 2.592 million USD over 12 continuous hours; if this whale triggered the BNB reward pool hard cap and mined for 3 days, they could obtain 32 million tokens, which is roughly equivalent in value. It's hard to say, let's wait and see the investigation results from Binance.

In previous news, @ai_9684xtpa stated that the suspected GUN market maker transferred 191 million tokens at three o'clock yesterday morning, with high-frequency small-amount selling orders continuing until eight o'clock in the morning.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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