LISA Flash Crash 76% Triggered by Three Addresses Dumping $170,000 Worth of Tokens in 28 Seconds
BlockBeats News, January 12, according to on-chain analyst Ai Auntie (@ai_9684xtpa) monitoring, three Alpha users (uncertain if the same person) sold $170,000 worth of LISA in 28 seconds at 10:22, causing an 80% price plunge in LISA in nearly 1 hour.
The analyst pointed out that since trading this token earns a 4x Alpha trading volume reward, whales dumping the token would trigger panic selling by a large number of yield farmers, further collapsing the price.
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.
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