Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
The truth behind the sudden crash of LISA's price has surfaced. On-chain data shows that three hours ago, 10 million LISA tokens were transferred to a major exchange, with a market value of approximately $1.65 million at the time. Most importantly, the source of these funds directly points to the project team's SafeProxy address. Just 30 minutes after the deposit was completed, the price began to plummet, suspected of being manipulated through limit orders to suppress the price followed by a large-scale sell-off. This is a familiar tactic—project team depositing funds to dump tokens. The fund flow is clearly visible, flowing directly from the project's treasury to the exchange, then leading to a market crash, resembling a chain reaction. This incident once again reminds investors to pay close attention to large transactions and abnormal movements in institutional holdings, especially the movements of the project team's wallets, which often foreshadow drastic price changes.