TechFlow news: Nima Capital suddenly sold 9 million SYN tokens today, causing the token's price to plummet sharply. According to a report by real estate media Mansion Global on August 16, a related entity of Nima Capital recently sold a luxury apartment in New York for $80 million. Community users, including EnigmaFunge, founder of Enigmafund, commented that Nima Capital may be facing financial difficulties and is now selling off its assets, including cryptocurrency holdings.
Previously, Nima Capital was designated as Synapse's first market-making partner. Under the relevant proposal, Nima Capital committed to providing $40 million in market-making services for Synapse over a 12-month period. However, despite eight months remaining on the service term, Nima Capital has prematurely removed its liquidity.
In addition, Nima Capital’s website (nimacap.com) has gone offline, and its X account has restricted message visibility, allowing only approved followers to view messages.
