POWER team transfers $29 million in tokens, token price drops over 58.6% today
BlockBeats News, March 3, according to monitoring by onchainschool.pro, the POWER team wallet address was activated today, transferring POWER tokens worth 29 million USD to an intermediary wallet and continuously depositing them onto trading platforms. The tokens are currently being sent in batches.
According to market information from a certain exchange, the POWER token dropped by more than 58.6% today and is now trading at 0.7 USD.
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
Hamak: The Federal Reserve may keep interest rates unchanged for a considerable period of time
Summary: Multiple Institutions Increase Cryptocurrency Holdings, Analysts Simultaneously Shift to Bullish
If Bitcoin breaks $71,000, mainstream CEX cumulative short liquidation intensity will reach 633 million.
