Analyst: GUN’s high-frequency selling orders may also be caused by Launchpool’s large investors setting up automatic selling of coins
on-chain data analyst @ai_9684xtpa posted on social media that the situation of "high-frequency small sell orders on the GUN/USDT trading pair on Binance" previously disclosed by him may also be a situation where a large participant in Launchpool has set up a robot to automatically sell coins.
Based on the previous sell orders, tokens worth $216,000 are sold every hour, totaling $2.592 million for 12 consecutive hours; if the large participant triggers the BNB reward pool cap and mines for 3 days, they can indeed receive the corresponding 32 million tokens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x ROBO: Trade futures to share 340,000 ROBO!
OPNUSDT now launched for pre-market futures trading
Join the BGB holders group—unlock Spring Festival Mystery Boxes to win up to 8888 USDT and merch from Morph
Trading Club Championship (Margin)—Trade to share 58,000 USDT, with up to 3000 USDT per user!
