AKE whale transfers $2.24 million worth of tokens to Binance Alpha again and sells them, causing AKE’s price to fall an additional 33%
2 hours ago
According to on-chain analyst Yu Jin Monitoring, three days ago, AKE tokens valued at roughly $1.22 million (3.944 billion units) were transferred by AKE’s market maker to Binance Alpha and sold off. AKE plummeted 40% that day, with its price sliding from $0.0005 to $0.0003. Over the past few hours today, AKE worth approximately $2.24 million (9.825 billion units) was further transferred by AKE’s market maker to Binance Alpha, accompanied by ongoing on-chain selling activity. As a result, AKE was dumped an additional 33%, falling from $0.0003 to $0.0002.
Bitcoin emerged as the 'most resilient' asset tonight, while US chip stocks suffered a 'stock market crash' and crypto stocks declined broadly in line with the broader US stock market.
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