$ARIA Recent reports from April 2026, the pair ARIA/USDT has been the subject of serious fraud suspicions, characterized by a massive price collapse following a concentrated token sale.
Details of the situation:
Dumping (Mass Sale): Crypto analysts (like Ember@EmberCN) detected that addresses related to ARIA sold 45.64 million tokens in a concentrated manner. Price Drop: The sale caused the price of ARIA to fall by more than 90%, plummeting from approximately $1.01 to $0.09 dollars. Liquidity Capture: The movement is described as a typical "deception and capture" scenario or a "liquidity sweep," where project creators or large holders (whales) quickly withdraw, leaving retail investors with significant losses. Market Value Loss: The circulating market capitalization suffered a massive impact, dropping from around $315 million to approximately $38.5 million dollars. Source of funds: It was detected that the sold tokens were previously transferred from Gate.io to the chain through multiple wallets three weeks before the event.
Details of the situation:
Dumping (Mass Sale): Crypto analysts (like Ember@EmberCN) detected that addresses related to ARIA sold 45.64 million tokens in a concentrated manner. Price Drop: The sale caused the price of ARIA to fall by more than 90%, plummeting from approximately $1.01 to $0.09 dollars. Liquidity Capture: The movement is described as a typical "deception and capture" scenario or a "liquidity sweep," where project creators or large holders (whales) quickly withdraw, leaving retail investors with significant losses. Market Value Loss: The circulating market capitalization suffered a massive impact, dropping from around $315 million to approximately $38.5 million dollars. Source of funds: It was detected that the sold tokens were previously transferred from Gate.io to the chain through multiple wallets three weeks before the event.