Rewards Hub PeckShield has reported that approximately 1 billion DOT tokens were minted on Ethereum and quickly sold off. This massive sell-off led to a dramatic 99.99% drop in DOT prices on chains such as Arb, BNB, Base, and Ethereum mainnet, effectively bringing the price close to zero. However, DOT prices on centralized exchanges (CEX) remained relatively stable, currently trading at around $1.185, with a 24-hour decline of 3.66%.
1 Billion DOT Tokens Minted and Sold on Ethereum, On-Chain Prices Plummet
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