CoinDesk - 'Suspicious' Multichain Wallet Dumps $1.8M of WOO Network Tokens; Price Drops 8%

in blockchain •  last year 

https://www.coindesk.com/business/2023/08/04/suspicious-multichain-wallet-dumps-18m-woo-network-tokens-price-drops-8/
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A suspicious Ethereum wallet has sold $2.4 million of LINK and $1.8 million worth of WOO tokens on Uniswap, causing the price of WOO to slump by 8%.

The wallet received funds from an address tagged as "suspicious" by etherscan after it received lockup funds from Multichain team's multi-signature address.

Alongside deposits of WOO and LINK, the wallet received $800,000 worth of CRV tokens and $870,000 worth of YFI, both of which are actively being sold on Uniswap.

What do you think?

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