The truth behind the LISA token collapse has surfaced. According to on-chain data tracking, the issue points to a massive deposit—about 3 hours ago, address 0x358…eC57c made a one-time deposit of 10 million LISA tokens to a major exchange wallet, with a market value of $1.65 million at the time. This deposit became the final straw that broke the camel's back.

Tracing the source of funds upstream, a key detail emerges: these tokens did not come from retail investors or the market, but directly from the project's SafeProxy address. What does this mean? It’s obvious— the project team sold tokens on a large scale, directly triggering market panic and a sharp price drop. From deposit to collapse, the causal chain is clear. This also serves as a reminder to investors that on-chain data never lies, and large abnormal movements are always worth vigilance.