According to on-chain monitoring, the ESPORTS token plummeted, dropping by approximately 92%. Suspicions are being raised in the market that DWF Labs may have acted as a liquidity provider (MM) for the token. Monitoring data shows that five days ago, the address '0x7Ef...C10dD' deposited approximately 19.9 million ESPORTS (worth about $13.9 million) into a DWF-related Kraken address. The source of funds for this address was found to be connected to the token distribution address, and this address has been identified as one of those involved in large-scale on-chain selling during this recent price drop.
