Analyzed the addresses of BR coin price halving using Goplus.
26 addresses withdrew liquidity worth $47.59 million within 100 seconds.
Accompanied by 3 addresses with million-dollar levels + 13 addresses with $500,000 levels of large sell-offs, resulting in insufficient liquidity and a sudden collapse in price.
Before the price crash, BR liquidity once exceeded $60 million, but now only $14.56 million remains.
This sell-off does not seem to be the behavior of the project team: first, regarding motivation, with the precedent of ZKJ's crash, this approach seems too "blatant". I personally lean towards the idea that this large volume was for a contract/spot.
Secondly, the main liquidity address of the project team, 0x5f6f70821362376928a67b91fa2179683fe48de7, still holds $4.685 million in liquidity, and the last operation was on 07.07, with no actions during the crash.
Here are the TOP 5 main sell-off addresses:
0x00E0E2225E48e40ac7A1C5C48C3359325C7F41c3
0x20c375580C4BD0DA36aec0c55406fa645F964FBd
0x63293340bb17D9bc0f66f1956a810f7BFC7c857B
0x58e837F8F9C1aCfE618AdbBa95314BE2ab55d19F
0x31A256E01900f93831361dF928EB32F83A6Af40E
@GoPlusZH Does anyone understand the real reason? Let's discuss!
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