[ESPORTS Drops Over 90% in 1 Hour, Market Cap Falls to $33 Million] BlockBeats reports that on May 25, ESPORTS dropped over 90% within 1 hour, with its market cap falling to $33 million. On-chain analysis indicates that addresses associated with the ESPORTS team have completed the sale of 60 million tokens, profiting over $6 million. Two months ago, addresses linked to the ESPORTS team unlocked more than 60 million ESPORTS tokens from the Gnosis Safe multisig vault (belonging to the project team/VC).