According to TechFlow TechFlow, on January 12th, on-chain analyst Ai (@ai9684xtpa) monitored that the project's SafeProxy address deposited 10 million LISA tokens (approximately $1.65 million) into Binance Alpha wallet. Within half an hour of the deposit, the price of the token plummeted. Three Alpha users sold $170,000 worth of LISA within 28 seconds, accelerating the price decline.
Analysis: The sharp drop in LISA's price was due to the project depositing 10 million tokens into the Binance wallet.
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