The $ESPORTS token suffered a dramatic 92% price drop, with suspicions pointing towards DWF Labs as a potential market maker. On-chain analyst @ai_9684xtpa highlighted that an address linked to DWF Labs deposited 19.9 million ESPORTS tokens, valued at $13.9 million, into a Kraken account. This address, 0x7Ef…C10dD, received its funds from the token's deployment address, which played a significant role in the flash crash through aggressive on-chain sell-offs.
DWF Labs Suspected in $ESPORTS Token Flash Crash After $13.9M Deposit
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