TechFlow reports that on May 25, according to on-chain analyst Ai Aunt (@ai_9684xtpa), the $ESPORTS token crashed sharply, plunging 92%—potentially linked to DWF Labs. Five days earlier, the address 0x7Ef…C10dD deposited 19.9 million ESPORTS tokens (valued at $13.9 million) into a Kraken address associated with DWF. The upstream source of funds for this address was the token’s deployment address—which also served as one of the addresses fueling the crash, having frequently dumped tokens on-chain.
Add to Favorites
Share to Social Media
