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Among the 11 addresses suspected of being METIS market makers/market makers, 6 addresses have deposited 174,000 METIS to the exchange.

Among the 11 addresses suspected of being METIS market makers/market makers, 6 addresses have deposited 174,000 METIS to the exchange.

CointimeCointime2024/01/01 05:02
By:Cointime

According to Chain Analysis analyst @ai_9684xtpa, in the past six days, six out of 11 addresses suspected to be controlled by METIS whales/market makers have deposited 174,011 METIS tokens worth $14.33 million, with an average deposit price of $82, into exchanges. This is the first time in 11 months that they have made such a move, and it is suspected to be a sell-off. Currently, the remaining five addresses hold a total of 134,000 tokens worth $9.79 million. The METIS token price has dropped 22% from its highest point and is currently at $72.

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