B token plummeted 40% in 24 hours, and venture capital partners liquidated their positions, triggering a chain reaction

according to on-chain data analyst Ai Yi's review, cryptocurrency B plummeted by 40% within 24 hours, mainly triggered by three key factors. Venture capital firm CEHV partner Adam Cochran was the instigator of this crash, as he spent a total of $2.89 million to purchase 10.2 million B tokens at an average cost of $0.2833 after WLFI announced the purchase. Adam then sold all the tokens in three batches at an average selling price of $0.2485, resulting in a total loss of $355,000 and causing the coin price to drop by 15%.

Shortly after, another address mistakenly linked to WLFI cleared out 3.32 million tokens in a short period, making a profit of $328,000 and further lowering the B token by 12.11%. At the same time, media reports spread the selling news, exacerbating market panic, and causing the B token price to briefly drop to $0.1461.