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TechFlow News: On May 28, blockchain analyst Yu Jin (@EmberCN) observed that, nine hours earlier, 14.981 million GUA tokens were unlocked and transferred from the unlock contract—valued at approximately $15.18 million at the time. These tokens were subsequently sold entirely on-chain, causing GUA’s price to plummet by 75%. The proceeds were converted into 2,784 ETH (worth roughly $5.66 million) and deposited into three wallets.
According to on-chain analyst Ember (@EmberCN), 9 hours ago, 14.981 million GUA tokens were unlocked and transferred from the unlock contract; valued at approximately $15.18 million at the time of unlocking. Subsequently, all of these GUA tokens were sold on-chain, causing GUA’s price to plummet by 75%. These GUA tokens were ultimately swapped for 2,784 ETH—worth roughly $5.66 million—and deposited into three wallets.
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