ARIA suspected controlled addresses collectively dumped 45.64 million tokens, causing the price to plummet over 90% at one point.
According to Odaily, crypto analyst Ember@EmberCN monitored that addresses suspected to be related to ARIA collectively sold 45.64 million ARIA in the early hours of today, receiving approximately 5.42 million USDT in return, with an average transaction price of around $0.12.
As a result, the price of ARIA fell from about $1.01 to as low as $0.09, a drop of over 90%, and its circulating market capitalization decreased from around $315 million to approximately $38.5 million. These tokens were previously transferred on-chain from an exchange via 8 wallets three weeks ago.
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
US President Donald Trump says was ready to strike Houthis in Yemen, then pulled back
ZAMA gains traction as 24h trading volume surges
Global economy risks fragmentation! Australia bets on AI as a new growth engine
In a potentially more fragmented and unpredictable global economy over the next 40 years, Australia relies on the deployment and development of artificial intelligence (AI) to drive economic growth.
Europe’s aviation fuel “red alert” in the fourth quarter: Shortfall will reach 510,000 barrels/day, South Korea’s exports surge to a four-year high to urgently fill the gap
According to analysts and shipping data, Europe will face a supply gap for aviation fuel in the fourth quarter, even as it turns to distant suppliers such as South Korea. South Korea's aviation fuel exports to Europe in September are set to reach a four-year high.
Crypto prices
More
