The suspected PYTH market maker address will lock 188 million PYTH for a period of 90 days
2024/02/02 15:25
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to the data monitored by online analyst Yu Jin, 15 hours before CEX announced the listing of PYTH, a suspected market maker address for PYTH transferred 188 million PYTH (92.72 million USD) to a new address (7GjA...x7xY) and then locked it for a period of 90 days. Approximately 12.6% of the circulating supply (1.9% of the total supply) of PYTH was locked before its listing on CEX.
3
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Crypto prices
More
Bitcoin
BTC
$77,930.91
-1.86%
Ethereum
ETH
$2,442.05
-2.61%
Tether USDt
USDT
$1.0000
-0.02%
BNB
BNB
$691.66
-1.89%
XRP
XRP
$1.4
-2.19%
USDC
USDC
$1.0000
+0.00%
Solana
SOL
$105.12
-0.61%
TRON
TRX
$0.3384
-0.62%
Hyperliquid
HYPE
$82.62
-1.74%
Zcash
ZEC
$836.54
+3.27%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now