Interesting activity has been caught. The NYC token once skyrocketed to a market cap of $600 million, then plummeted to over $100 million, with outrageous volatility. More worth paying attention to is the behind-the-scenes fund flow—an address associated with the NYC deployment team created unilateral liquidity on Meteora, withdrawing over $2.5 million USDC right at the price peak. Cleverly, after the token price halved by 60%, it then re-injected around $1.5 million. This rhythm of inflows and outflows is quite deliberate upon closer inspection. On-chain data records everything, and there's no hiding it.
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BrokeBeans
· 17h ago
This rhythm, a standard dealer script.
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PumpDetector
· 17h ago
ngl this is the exact playbook i've been tracking since mt gox era... whale dumps at ath then buys back at 60% down? textbook smart money psychology. they know retail panic sells, they know the sentiment cycles. meteora liquidity trap was chef's kiss orchestrated tbh. on-chain data doesn't lie but people refuse to read it
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DarkPoolWatcher
· 17h ago
This is the legendary "cut the leeks at high positions and pick up chips at low positions," a classic move.
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NftRegretMachine
· 17h ago
It's the same old trick, I've seen it too many times. A classic example of insiders cutting the leeks.
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DuckFluff
· 17h ago
This is Web3. Big players cut a wave and then buy back at lower prices. The on-chain evidence is all there; it's unplayable.
Interesting activity has been caught. The NYC token once skyrocketed to a market cap of $600 million, then plummeted to over $100 million, with outrageous volatility. More worth paying attention to is the behind-the-scenes fund flow—an address associated with the NYC deployment team created unilateral liquidity on Meteora, withdrawing over $2.5 million USDC right at the price peak. Cleverly, after the token price halved by 60%, it then re-injected around $1.5 million. This rhythm of inflows and outflows is quite deliberate upon closer inspection. On-chain data records everything, and there's no hiding it.