MYX Finance's token, $MYX, experienced a sharp decline of 58%, dropping to $0.9184. This downturn followed significant transactions by Hack VC, a participating investor in MYX Finance. Over the past seven hours, Hack VC received 1,279,890 MYX tokens, valued at $2.157 million, from an airdrop claim contract. Subsequently, these tokens were transferred to two addresses. The first address, 0x259...4FE57, sold 445,000 MYX at an average price of $1.68, totaling approximately $747,000. The second address, 0x72F...E5353, deposited 835,000 MYX into MEXC at a price of $1.77, amounting to about $1.482 million.
MYX Token Plummets 58% Amid Hack VC Sell-off
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