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This item on Binance Alpha today, $SLX, has a serious problem. It appears to be the project team's wallet continuously selling tokens, currently holding $550,000 worth and over $200,000 worth remaining.
Why is everyone speculating it's the project team? Because so many tokens were transferred from Sol; only the project team could handle such a large transfer.
Alpha is reportedly very difficult to list now, with a very narrow entry threshold, aiming to maximize wealth creation.
But tonight, they've completely contradicted themselves. Is this all?
Isn't there any punishment for this kind of thing that uses Alpha as a liquidity exit strategy after listing, showing a complete lack of vision?
They're really not taking Binance seriously.
@heyibinance @solsticefi

blatant mouse warehouse
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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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