66 million MOVE under control, 38 million dollars in a dump, who is cutting韭菜 behind the scenes?
Movement Labs is investigating a "foggy transaction" - it is suspected to have signed a market-making deal under unclear circumstances, allowing a mysterious intermediary to gain the life-and-death power over 66 million MOVE tokens, directly triggering a sell-off wave of 38 million dollars, with the coin price experiencing a "bloodbath right at the opening."
Interestingly, Rentech appeared on both sides of the transaction: one side being a subsidiary of Web3Port, while the other is an agent of the Movement Foundation. Internal officials directly criticized: "This is the worst agreement we have ever seen."
So it seems: first, raise the price of MOVE, then, before retail investors rush in, lay down the chain trap in advance, clearly harvesting?
