Linea is under scrutiny: Controversy over the treasury wallet.
Recent on-chain data has sparked an investigation into Linea's treasury wallet (0x7fBE2...), which holds about 25% of the total LINEA tokens. According to reports, this wallet has distributed more than 5 billion tokens since September 2025, contrary to Linea's claim that they have no third-party investors.
Key points:
- Outflows from the treasury wallet seem to be creating selling pressure through intermediaries.
- The price of LINEA has dropped 84% from its all-time high of $0.05 to $0.0078.
- Trading volume remains low, fluctuating between $20-40 million each day.
- Recent price volatility shows sideways movement around $0.008 with limited fluctuation range.
This controversy reflects the growing skepticism towards the token economic mechanism of Layer 2, with similar accusations aimed at Optimism and Arbitrum. If transparency does not improve, the trust of retail investors in L2 tokens may continue to decline.
The content is for reference and discussion only, not investment advice.
