LISA 24-hour flash crash of 76%, the sell-off by three Alpha users caused the token price to drop rapidly in a short period

2026-01-12 04:24:05

Abstract generation in progress

ChainCatcher reports that, according to on-chain analyst @ai_9684xtpa, LISA experienced a 76% flash crash within 24 hours. Three Alpha users (uncertain if they are the same person) sold a total of $170,000 worth of LISA in three transactions within 28 seconds at 10:22, causing a rapid short-term decline in the token’s price.

Transaction 1: At 10:22:28, sold $39,540 worth of LISA; Transaction 2: At 10:22:36, sold $45,540 worth of LISA; Transaction 3: At 10:22:36, sold $85,668 worth of LISA. Since trading this token grants a 4x Alpha trading volume reward, large sell-offs by whales trigger panic selling among many retail traders, leading to a further collapse in the token’s price.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.