The address associated with the Floki team made a big move on-chain 🤔
Just an hour ago, the address 0xf12…3739B sold a total of 27.4 billion FLOKI tokens in one go, earning 340.61 ETH, equivalent to about 1.35 million RMB. It seems to be a significant action.
Interestingly, tracing the source of these funds—initially deployed by Floki three years ago to address 0xa57…99c19, then transferred through 0x64c…95527. In other words, this is an old fund surfacing.
The question is: is this normal liquidity management, or is there another deeper intention? There has been no official explanation from the market yet. For FLOKI holders, it might be wise to keep an eye on subsequent developments.
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StrawberryIce
· 11h ago
This large sell-off looks a bit risky, with three-year-old funds suddenly moving, and the team not saying a word, which makes people imagine the worst.
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BearEatsAll
· 11h ago
Wow, throwing out 1.35 million USD all at once, how urgent must that be?
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BlockchainArchaeologist
· 11h ago
Does this move look a bit frantic, with a three-year-old old coin suddenly dropping out?
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ForkMonger
· 11h ago
lol the wallet choreography here is textbook governance theatre... three-year-old funds suddenly "discovering" liquidity? smh, that's not capital management, that's the margin of disruption in action. floki holders sleeping through their own protocol economics rn
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MoneyBurner
· 11h ago
Selling so much old funds without explanation? I just want to know if FLOKI can still be bottomed out next.
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PessimisticLayer
· 11h ago
The move of old funds selling off... truly impressive. The baggage from three years ago can be shed at will, and holders need to be cautious.
The address associated with the Floki team made a big move on-chain 🤔
Just an hour ago, the address 0xf12…3739B sold a total of 27.4 billion FLOKI tokens in one go, earning 340.61 ETH, equivalent to about 1.35 million RMB. It seems to be a significant action.
Interestingly, tracing the source of these funds—initially deployed by Floki three years ago to address 0xa57…99c19, then transferred through 0x64c…95527. In other words, this is an old fund surfacing.
The question is: is this normal liquidity management, or is there another deeper intention? There has been no official explanation from the market yet. For FLOKI holders, it might be wise to keep an eye on subsequent developments.