Analyst: MOCA is suspected of entrusting Galaxy Digital to make markets or sell tokens

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According to ChainCatcher, on-chain analyst @ai_9684xtpa monitors that MOCA is suspected of entrusting Galaxy Digital for market-making or token selling.

In the past two weeks, the Mocaverse liquidity distribution multi-signature address transferred 74.07 million MOCA tokens to Galaxy Digital, valued at $5.92 million;

4 hours ago, Galaxy deposited 40 million tokens worth $3.6 million to Bybit.

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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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