CoinVoice has recently learned that on-chain analyst @ai_9684xtpa has stated that this BR dump does not appear to be the behavior of the project team: first, regarding motivation, given the precedent of ZKJ's collapse, this approach seems too 'blatant.' This large-scale volume manipulation seems more aimed at getting a contract/spot; secondly, concerning data, the project team's main liquidity address still holds $4.685 million in liquidity, and the last operation was on July 7, with no actions taken during the crash.
The three main addresses responsible for the multi-million dollar dump are new addresses created two weeks ago. They began to accumulate large positions in BR directly after withdrawing funds from exchanges between 06.24 and 06.28, indicating a clear intention and a single source of funds.
The information on the TOP4 dumping address 0x58 is relatively more extensive. The source of funds can be traced back to 2017 and has interacted with established trading platforms like Huobi, ZB, Liqui, and YoBit. The methods used are no different from the last ZKJ collapse, involving 'instant liquidity withdrawal + large dumps + multi-address collaboration,' although investigation is still quite challenging. [Original link]
