OpenCoin🕊️
OpenCoin🕊️|4月 03, 2026 09:27
The Sword of Damocles hanging over FOLKS' head! Nearly 700000 US dollars of "early chips" have been officially unlocked and entered the market. The entire network's radar is firmly locked onto the massive token release action on the FOLKS market. By analyzing the interaction logic between these two new addresses, a standard prelude to unlocking cash has begun: Action disassembly: The two wealthy players have identical techniques. First, extract an extremely small amount of BNB from centralized exchanges (Bitget, HTX) as on chain gas, and then immediately call the Sablier ownership contract to withdraw the locked FOLKS to one's own private wallet. Massive release: Address 1 extracted 200000 coins (worth $222K), and Address 2 extracted 425000 coins (worth $476K). Accumulatively released 625000 absolute bottom chips, with a total value approaching 700000 US dollars! Selling pressure countdown: This type of chip with "Lockup" properties usually has extremely low or even zero cost. Once this $700000 spot is transferred to DEX's liquidity pool or deposited into a centralized exchange, it will have a devastating impact on the current market. So do you think he pulled the plate first and then smashed it? Or should we just smash it? ⚠️ Important reminder: The on chain data tracked in this tweet is purely for reference and does not constitute any investment or financial advice. Early chip unlocking is one of the most certain sources of selling pressure on the market, which can easily trigger panic attacks. The risks in the cryptocurrency market are extremely high. Please do your own research (DYOR) and keep an eye on your wallet!
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