BITWU.ETH 🔆|Jun 02, 2026 02:39
⚠️ On-chain detective dropping bombs: ethereum:0xb0076de78dc50581770bba1d211ddc0ad4f2a241 This unusual activity seems to be caused by insider manipulation to dump the market!
This crash is most likely due to a malfunction in the market-making bot, leading to a failure in risk control.
On-chain data shows clear signs of high-frequency transfers and arbitrage/rebalancing between CEXs and DEXs after the incident;
At the same time, the top 10 addresses are highly concentrated, with multiple Gnosis Safe/vesting/official SpotVault addresses holding a significant proportion.
However, there’s no direct evidence yet to confirm insider dumping. Let’s see if @zachxbt has any solid proof—go hard!
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