ESPORTS Plunges Over 90% in 1 Hour, Market Cap Drops to $33 Million
BlockBeats News, May 25th, ESPORTS plunged over 90% in the past hour, with a market capitalization now standing at $33 million.
On-chain analysis indicates that the ESPORTS team's related address has sold off all of its 60 million tokens, realizing a profit of over $6 million. Two months ago, the ESPORTS team's related address unlocked over 60 million ESPORTS tokens from the Gnosis Safe multisig treasury (project's/VC's allocation).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Altera Says Parent Company Files Confidentially for IPO
Alphabet's Google Cloud Opens Singapore Engineering Center
Cogent Biosciences Gets US FDA Acceptance for Bezuclastinib AdvSM Application
Sector Update: Energy Stocks Advance Pre-Bell Tuesday
Crypto prices
More
