30 million POWER tokens transferred to the exchange, causing a 90% drop in tokens

On chain monitoring shows that from 23:00 last night until 9:00 am (UTC+8), the multi signature wallet address 0x027A... CD6C associated with the project party transferred 30 million POWER tokens worth approximately $16.23 million to Bitget and MEXC, of which 20 million tokens entered Bitget and 10 million tokens entered MEXC. Subsequently, the price of POWER token plummeted from $1.86 to $0.17, a drop of 90%. (Ashes)