ESPORTS drops over 90% in 1 hour, market value falls to $33 million

Mars Finance News, on May 25th, ESPORTS dropped over 90% in nearly 1 hour, with a market capitalization now down to $33 million. On-chain analysis indicates that the ESPORTS team-related addresses have completed a full sell-off of 60 million tokens, realizing profits of over $6 million. Two months ago, the ESPORTS team-related addresses unlocked more than 60 million ESPORTS tokens from a Gnosis Safe multi-signature wallet (project team/VC holdings).
ESPORTS-54.13%
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GateUser-3d750846
· 21h ago
Unlocked two months ago, and you're only smashing now, quite patient.
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MinimalistSculpturePedestal
· 22h ago
This sell-off curve is steeper than my contract.
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SlippageSailor
· 22h ago
33 million market cap? See you next week at 3 million
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tvl_down_bad
· 22h ago
The influencer who was giving trading signals two hours ago?
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MevBreakRoom
· 22h ago
Multi-signature unlocking = multi-signature fleeing, learned that one.
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FrontrunFail
· 22h ago
Six million dollars in hand, the team laughs awake
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BorrowingBuddy
· 22h ago
The rug is cleaned thoroughly and neatly.
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