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🚨 BREAKING 🚨
CHARLES HOSKINSON SOLD 1.5 BILLION ADA AT THE TOP OF THE 2021 BULL RUN.
The analysis traces a 925 million cardano:native transfer and multiple 20 million cardano:native payments flowing from sources linked to IOG stake pools during the exact window ADA hit its all time high of $3.09.
To be clear, the analysis does not prove the tokens were sold. It traces flows. The Cardano Foundation said it has no reason to assume anything other than good faith by Hoskinson and IOG.
But here is why this keeps circulating.
1.5 billion cardano:native at $3.09 is roughly $4.6 billion worth of tokens sold into retail buyers at the peak of the cycle while the community was being told to hold and build.
Proven or not, that number is impossible to ignore.