MYX falls 58% as investor Hack VC sells following token unlock

The MYX token has dropped 58% so far today, coinciding with its scheduled token unlock, according to on-chain analyst @ai_9684xtpa on X. Hack VC, an investor in MYX Finance, claimed 1,279,890 MYX ($2.16 million) from an airdrop contract over the past seven hours and later sold the tokens in two separate transactions.

Source
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.
Like
Add to Favorites
Comments