Suspected ARIA Controller Dumps 45.64M Tokens, Price Plunges Over 91%

ARIA20.08%

Gate News message, April 15 — According to on-chain analyst Yu Jin (@EmberCN), a suspected ARIA controller dumped 45.64 million ARIA tokens through eight wallets early this morning (April 15), exchanging them for 5.42 million USDT at an average price of $0.12.

The large-scale sell-off caused ARIA's price to plummet from $1.01 to $0.09, a decline of 91%. The token's circulating market cap dropped from $315 million to $38.5 million.

The 45.64 million ARIA tokens were withdrawn from Gate to on-chain wallets three weeks ago.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
GateUser-d744d808vip
· 04-15 01:55
HODL Tight 💪
Reply0
View More