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Strange sells happening on the moon chart now

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by COINS NEWS 79 Views

Strange sells happening on the moon chart now

****IMPORTANT EDIT**** This is most likely Kraken trying to recoup what they can. They got screwed same as the rest of us.

This address (0x4EaE9d9Bd3d660908496c19e5E151C21850DA482) has been selling moons in batches of 500 multiple times a minute ever since The Incidentยฎ earlier today:

https://preview.redd.it/l93p5cuf5vub1.png?1385&format=png&auto=webp&s=d56370fdcdba214bf1a8a6ed1a7075927681e0b1

Not only that, but it's being refreshed with moons from at least these two addresses:

https://nova.arbiscan.io/address/0x964409310371a594494ec8ef84581bc3473188c9https://nova.arbiscan.io/address/0x782ea844921f53e431fa0358c1f146ea432ea0de

At the time of writing, here's what 88c9 is holding:

https://preview.redd.it/9xyycdg55vub1.png?719&format=png&auto=webp&s=3a268214141abd60d3b5723fe4c5865dbcd097f3

And here's what a0de is holding:

https://preview.redd.it/hu29sf695vub1.png?651&format=png&auto=webp&s=57a3da33b871c84ae7130d84bc6c87b506ced322

Definitely sus. Don't have the time or the capabilities to look into this further, but it's definitely weird looking. No idea who these wallets belong to, but the logical conclusion here is someone, whoever that is, wants to keep the price of at least Moons suppressed.

Haven't seen the same pattern with Bricks yet, but I imagine it's only a matter of time.

EDIT TO ADD: It's the third and fourth largest wallets that are feeding the one that's selling.

EDIT TO THE EDIT: This is most likely Kraken trying to recoup what they can. They got screwed same as the rest of us. Thanks to /u/conceiv3d-in-lib3rty for the insight

submitted by /u/pojut
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