⚡ JUST IN !!!
EVAA TEAM SUSPECTED OF DUMPING: 37.8% OF CIRCULATING SUPPLY MOVED IN 10 MINUTES 🚨📉💸
Unusual Activity: #arkham monitoring data reveals that an EVAA multisig address distributed a total of 2.499 million tokens to 10 different addresses within just 10 minutes. ⏱️
Massive Supply Impact: According to CMC, this move represents a staggering 37.8% of the total circulating supply (6.61M EVAA), posing a severe risk of market volatility. 📊
Liquidating Signals: Several recipient addresses have already started moving their tokens to exchanges or selling them directly on DEXs immediately after receiving the funds. 📉
Transaction Breakdown: The distribution occurred in two batches, sending roughly 250,000 EVAA to each of the 10 selected wallets, indicating a systematic move. 🔍
The classic "distribute to multiple small wallets" trick before a sneaky dump—we've seen this movie before. Moving 37.8% of the float in 10 minutes is basically a red alert for anyone holding the bag.
If you're holding #EVAA , better keep one eye on the chart and the other on the door. When a dev team starts handing out "gifts" like this, it’s usually the kind of gift that cuts your portfolio in half. Nothing moves faster than a dev team hitting the "sell" button!
