buy to sell, gradually push the price to release coins from dexcres

On May 24, a severe drop incident of Token B was reported, triggered by three initiating addresses. Adam's liquidation set the stage for the downtrend, while the smart money sell-off further pushed the price down in the short term. Rumors about WLFI selling off continued to cause panic.

Adam Cochran, CEHV:

Adam opened a position with $2.89 million to buy 10.2 million Token B after the WLFI announcement, with an average cost of $0.2833. He sold all Tokens three times yesterday, with an average price of $0.2485, a loss of $355,000. The cryptocurrency price dropped 15% from the time of sale to the time of liquidation, from $0.2664 to $0.2255.