Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Analyst: GUN’s high-frequency selling orders may also be caused by Launchpool’s large investors setting up automatic selling of coins

Analyst: GUN’s high-frequency selling orders may also be caused by Launchpool’s large investors setting up automatic selling of coins

CointimeCointime2025/04/01 04:45
By:Cointime

on-chain data analyst @ai_9684xtpa posted on social media that the situation of "high-frequency small sell orders on the GUN/USDT trading pair on Binance" previously disclosed by him may also be a situation where a large participant in Launchpool has set up a robot to automatically sell coins.

Based on the previous sell orders, tokens worth $216,000 are sold every hour, totaling $2.592 million for 12 consecutive hours; if the large participant triggers the BNB reward pool cap and mines for 3 days, they can indeed receive the corresponding 32 million tokens.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

R3 Taps Solana to Bridge $10B+ RWAs to Public Chain

R3 partners with Solana to bring over $10B of tokenized RWAs from Corda to public blockchain infrastructure.Why Solana?

Coinomedia2025/05/25 12:24
R3 Taps Solana to Bridge $10B+ RWAs to Public Chain

H100 Group Soars 40% After First Bitcoin Treasury Investment

Sweden-based health tech company H100 Group AB saw its shares surge nearly 40% after announcing a $490,000 investment in Bitcoin, joining a growing wave of tech firms turning to digital assets to diversify corporate reserves.

DeFi Planet2025/05/25 10:48
H100 Group Soars 40% After First Bitcoin Treasury Investment