#dump
šØ $ESPORTS ā classic insider dump
The token fell by 92% in a few hours.
The team / associated wallets dumped over 190 million tokens (~43% circulating supply) and took ~$13 million. After listing on KuCoin ā a typical āexitā.
What the Long/Short chart of top traders shows:
⢠Before the dump ā dominance of longs
⢠After May 16 ā sharp reversal
⢠Now shorts completely control the market
Smart money has long since left or played against it. Trust has been destroyed.
ā ļø Conclusion:
Currently $ESPORTS is a toxic token. The chances of recovery are extremely low without serious compensation to holders and buybacks.
Whoever managed to exit ā well done.
Whoever got in āon the hypeā ā a classic crypto lesson.