dump

According to crypto analyst Yu Jin @EmberCN, suspected ARIA-related addresses concentrated on selling 45.64 million ARIA early this morning, exchanging for about 5.42 million USDT, with an average transaction price of about $0.12.As a result, the price of ARIA dropped from about $1.01 to $0.09, a decline of over 90%, with the circulating market value falling from about $315 million to about $38.5 million. The aforementioned tokens were previously transferred from Gate to the blockchain through 8 wallets three weeks ago.

According to the "News" report, the Federal Security Service of the Russian Federation (FSB) recently arrested three Telegram investment channel owners, accusing them of manipulating stock prices through a "Pump&Dump" strategy, involving over 55,000 illegal transactions related to 19 large companies on the Moscow Exchange.Research from Moscow State University shows that 11% of Telegram investment signals can have a substantial impact on stock returns, with over 60% of private investors relying on such signals to make decisions. The Central Bank of Russia stated that it will continue to monitor abnormal trading and warned that "punishment is inevitable" for illegal bloggers. Experts remind that manipulative signals are often presented in emotional language, promise quick profits, and do not disclose risks; investors should prioritize consulting licensed advisors.

According to Lookonchain monitoring, trader loracle.hl (@loraclexyz) is selling 450,000 HYPE, worth 15.98 million USD.In the past 9 hours, he has sold 311,900 HYPE through limit orders, worth 10.97 million USD, and currently has 138,100 HYPE remaining, worth 4.91 million USD.

According to monitoring by onchainschool, a certain wallet "0xD4d8" transferred 80.293 million PTB tokens to another wallet "0xF4bFB", valued at approximately $219,000. Subsequently, wallet "0xF4bFB" transferred 74.819 million PTB to a CEX, suspected to be preparing for a sell-off at a high point.The spot price and contract price of PTB had previously shown unusual fluctuations. Market data indicates that the current spot price is $0.0028333, with a 24H increase of 78.6%.

According to Onchain Lens monitoring, the Trump Meme coin team is suspected of selling TRUMP tokens. In the past 9 hours, approximately 5 million $TRUMP (worth about $17.3 million) have been sent to Binance exchange.These tokens were initially transferred by the team to a BitGo wallet, and analysts believe the team may be conducting a sell-off, with the possibility of transferring more tokens to the exchange in the future.

According to MLM monitoring, a certain entity is continuously selling a large amount of ETH on Hyperliquid through 11 wallets to repay its loan on Aave:In the past 5 hours, the entity has sold 31,700 ETH (approximately $80.8 million) on Hyperliquid; over the past 4 days, it has sold a total of 47,000 ETH (approximately $120 million). Currently, it is still depositing 49,600 ETH (approximately $112 million) into Aave as collateral while borrowing $86 million in USDC.As the price of ETH declines, this position is nearing the liquidation threshold, forcing the entity to continuously sell ETH to repay debts in order to avoid complete liquidation.

ChainCatcher news, blockchain analysis platform Bubblemaps posted on platform X: Ocean Protocol is suspected of dumping over $100 million in community tokens, and Fetch AI has publicly accused it of misconduct. The data is as follows: In March 2024, Ocean Protocol, Fetch AI, and SingularityNET collaborated under the ASI alliance framework, merging to adopt a single token FET, with OCEAN convertible to FET at a fixed exchange rate.After the merger, the Ocean Protocol team wallet still held a large amount of OCEAN tokens, claimed to be used for "community incentives" and "data mining." However, on July 1, its wallet (0x4D9B) exchanged 661 million OCEAN for 286 million FET (approximately $191 million) and sent 90 million FET to OTC provider GSR Markets. On August 31, the wallet dispersed the remaining 196 million FET to 30 new addresses, and as of October 14, nearly all funds had been transferred to Binance or an OTC provider, totaling approximately 270 million FET.On October 9, Ocean Protocol announced its withdrawal from the ASI alliance, without stating the reason or mentioning the transferred FET tokens. The FET team responded on platform X, accusing Ocean Protocol of dumping community tokens. The CEO of Ocean Protocol called the accusations "baseless rumors" and stated that the team is preparing a formal response.Bubblemaps stated that it could not confirm whether the FET tokens were sold by Ocean Protocol, but such transfers are typically related to monetization. On-chain activity shows that a multi-signature wallet associated with Ocean Protocol exchanged 661 million OCEAN for 286 million FET and transferred 270 million FET to Binance and GSR. The Ocean team has been contacted but has not yet responded. Currently, this incident has been made public on the intelligence analysis platform for community investigation.

ChainCatcher news reports that on-chain analyst @ai_9684xtpa has monitored an abnormal crash of the Alpha token RVV since its launch. On-chain data indicates that related parties are suspected of maliciously selling off through stolen accounts, profiting at least 9.09 million USD.The timeline of events shows: After RVV was launched on Binance Alpha, the contract was activated; the project team's multi-signature address transferred 800 million tokens to 8 multi-signature accounts, which began distributing tokens to dozens of new addresses and gradually selling them off. Among them, addresses 0x9E6...A0b3e and 0x643...8178C cashed out over 6.18 million USD in total, with the former trading multiple times through 1inch and the latter selling through Zerion. The project team has confirmed that a third-party market-making account was hacked and is currently cooperating to track and address the related losses.

ChainCatcher news, OKX founder and CEO Star posted on the X platform stating that OKX will not choose to "collaborate" or "condone" certain influential opinion leaders for pump-and-dump operations.Star pointed out that while this move may bring short-term traffic or profits to a few individuals, OKX's mission has never been at the expense of the interests of the majority of retail investors.He emphasized that OKX always adheres to the principles of neutrality, objectivity, and stability, committed to creating a fair, safe, and transparent market environment, which is both a responsibility to users and part of global regulatory requirements.Star reminded users that the market has risks, and investment should be approached with caution, calling for a rational perspective on volatility and emotions.

According to ChainCatcher news and BscScan data, an anomalous address holding 4.854 billion GAIN (91.61% of the total) stopped transferring GAIN to the PancakeSwap V3 pool half an hour ago. Currently, GAIN is priced at $0.025, a 400% rebound from the low of $0.005, but still down 84% from the price before the incident.

ChainCatcher message, KOGE project party 48ClubIan posted on Binance Square:"The sharp decline is not due to 48Club's treasury dumping KOGE, nor is the drop due to my personal actions against KOGE.48Club has no business dealings with the ZKJ project party, nor any similar plans.48Club's treasury has never held (or held) ZKJ.I have never held (or held) ZKJ.Binance Research and Binance Web3 have both had colleagues consult me regarding the price drop incident, and I have provided the above explanation.48Club has never offered a 'low-fee pool that restricts large amounts from entering'; in fact, it is technically impossible to achieve this by providing IPs.Some opinions:The details of the events directly leading to the price drop can be found in @ai_9684xtpa's analysis. Alpha assets can count trading volume against the wash, which is a clear loophole in the rules. I have expressed my views and warned about the risks multiple times in Binance Square and on Twitter.Some plans:48Club will hold the second KOGE trading competition starting from June 16, lasting for one week.Some heartfelt words:Please correctly distinguish between 'being able to see through the conspiracy behind things' and 'being the promoter of the conspiracy behind things.'If those who warn about risks are always the instigators of those risks, then why should you help the elderly you knocked down?Be a bit more optimistic; don’t always think that everyone is trying to cut you. I have no interest in cutting you; your assets are thinner than the blade I use."

ChainCatcher message, on-chain analyst Ai Yi posted on platform X for further analysis of tonight's KOGE and ZKJ flash crash event:Why was KOGE smashed first before ZKJ?The most important reason may be that ZKJ has a contract, allowing them to short on the exchange and simultaneously crash the price on-chain; secondly, from a liquidity perspective, ZKJ has better liquidity, which requires more funds to execute the crash.Why did the crash start at 8:30, while the performance of the two tokens on the K-line was delayed?Both ZKJ and KOGE are known for their good liquidity and stable prices, so the LP range is extremely narrow. After a large amount of selling breaks through this range without enough funds to absorb the sell orders, a flash crash is inevitable. When LPs see the price drop, panic selling occurs, creating a vicious cycle that further drives down the price; as for those LPs who haven't run yet? They are stuck holding ZKJ and KOGE.Why choose to crash tonight?Ai Yi speculates that the continuous decline in Alpha trading volume over the past few days may be the trigger. The exit of large LPs is also a "run fast" game, especially since there are fewer believers among the holders of ZKJ and KOGE; everyone is in it for the interest, so the collapse of the tower only requires the breaking of one supporting pillar.

ChainCatcher message, according to Ember monitoring, 50 minutes ago, an address sold 8,698 ETH for 22.12 million DAI, at a selling price of $2,543.4. The ETH from this address was received from THORChain (a decentralized cross-chain exchange platform) an hour and a half ago. It may be related to hackers.

ChainCatcher news, Bybit CEO Ben Zhou responded to the concerns regarding the Launchpool project OIK token dump: "The budget for OIK's launchpool activity was a total of 10 million tokens provided by the project party, of which 3.3 million have been distributed, with over 90,000 users participating in the activity. The launchpool is still ongoing and will conclude on March 19, with 5.7 million tokens yet to be distributed.Bybit has never sold off activity budgets for profit; such market manipulation has serious legal consequences, and the budget is all in hot wallets, which can be audited by any regulatory authority. Currently, it appears that there are indeed large holders selling OIK in the market, and the compliance department is investigating the specific details. In the future, we are considering allowing the community to have a more direct view of our budget situation by using independent wallets to receive project budgets, enabling the community to see everything transparently."It is reported that previously some community users raised concerns: "It is inferred that Bybit is using its own Launchpool as a cash machine. The TGE of SpaceNation, which has been built for a year, was a failure. However, over the past three days, the community has gone from outrage to resentment to questioning and investigation, and has collected some evidence. A community sold less than 5% of the project, yet the project party absorbed an abnormal circulation volume within 30 minutes of the opening."

ChainCatcher news, according to crypto analyst Miles Deutscher's post on the X platform, XRP holding whales are selling tokens at record levels. Since the price increase of over 500% in November 2024, large position holders have been actively selling, and XRP seems to be in a large distribution phase.According to the Crypto Quant data shown in the accompanying image, the 90-day average line for XRP indicates that recent daily sell-off trading volumes by XRP whales have reached around $120 million to $180 million.

ChainCatcher news, according to Jinshi reports, Pomona College economics professor Gary Smith and NTT DoCoMo Mobile Science Award winner Jeffrey Funk pointed out that Trump's support for Bitcoin may be the largest "pump and dump" in history. They believe that the U.S. government may foolishly buy Bitcoin at continuously rising prices, leading to a dilemma of being unable to sell.Trump's strategy seems to be creating a "pump and dump" scheme, similar to a group of scammers who inflate asset prices through false rumors, attracting investors to enter the market, and then selling off for profit.They urge the federal government to stop participating in this highly risky strategy and instead adopt more prudent debt reduction measures, such as cutting government spending. The real way to make America "great again" is through increasing productivity, lowering prices, and raising wages and profits, thereby achieving sustainable economic growth, rather than relying on the unstable cryptocurrency market.

ChainCatcher news, according to Cointelegraph, the Financial Services Commission (FSC) of South Korea reported the first unfair trading case since the implementation of the "Virtual Asset User Protection Act." The law will take effect in July 2024 and requires local virtual asset service providers (VASP) to report abnormal transactions and investigate unfair trading patterns.According to the FSC, the suspect used a "pump and dump" scheme to manipulate the market by initiating multiple buy orders to inflate the price of a certain cryptocurrency, and then selling off a large amount of pre-purchased assets. The entire manipulation process is typically completed within 10 minutes, resulting in severe price fluctuations of the targeted asset and illegal profits of hundreds of millions of Korean won within a month.The FSC stated that in light of the continuous growth in cryptocurrency trading volume, regulatory authorities will further strengthen the construction of the investigation system, promote market monitoring of VASPs, and consider improving market structure to ensure transaction transparency and fairness.

ChainCatcher news, according to analyst @defioasis, the DeBox project has dropped over 30% in the last 24 hours, with Uniswap V2 pool liquidity remaining at only $2,900, and total on-chain liquidity around $10,000.The address associated with the official multi-signature, deboxsocial.eth, transferred 2.98 million BOX to 0x2F...9d14 today. Subsequently, 0x2F...9d14 first removed 1.898 million BOX and 17.5 ETH in liquidity, then directly sold 170,000 BOX on Uniswap, and transferred 4.029 million BOX to Bitget Deposit and Gate Deposit via a relay address.The social platform DeBox secured $2 million in funding from ABCDE Capital last year and received strategic financing from DWF Labs and OKX Ventures this year.