Allegations About This Altcoin Move The Whales Into Action! They Are On Sale!

Listed on Binance Multichain The allegations about the altcoin named caused the price to drop sharply.

Among these allegations, it was seen that the Multichain team was arrested by the Chinese police and the $ 1.5 billion fund was confiscated.

After these allegations MULTI There was a big drop in price. MULTI, which has experienced a decrease of approximately 27%, is available at $5.11 at the time of writing.

Popular cryptocurrency analysis platform as arrest allegations from China lower the price of MULTI lookonchain shared that some investors are selling MULTI.

“We noticed that some investors are selling MULTI.

An address starting with 0xb4df deposited 494,200 MULTI (worth $2.75 million) on the Gateio exchange 3 hours ago.

An investor named Hashkey also deposited 43,928 MULTI (worth $247K) on Gateio 1 hour ago.

Investor Hwg.eth also made a very smart move. And yesterday this investor sold 36,243 MULTI ($200,000 worth).”

We noticed that some investors have sold $MULTI.#MultiChain

0xb4df(maybe an investor) deposited $494,200 MULTI($2.75M) to #Gateio 3 hrs ago.

Hashkey deposited $43,928 MULTI($247K) to #Gateio 1 hour ago.

hwg.eth is very smart and sold 36,243 $MULTI ($200K) yesterday. pic.twitter.com/nBsR4aWaJt

— Lookonchain (@lookonchain) May 24, 2023

Lookonchain also Phantom Foundation Wallet‘s 30 minutes ago from Sushiswap 449,740 MULTI He wrote that he bought it (worth $2.4 million) and that it is very likely to sell.

Note that Fantom Foundation Wallet has removed 449,740 $MULTI ($2.4M) from liquidity on Sushiswap 30 mins ago.

Very likely to sell off! #MultiChain https://t.co/pEcd5EmARb pic.twitter.com/M647xgOeNH

— Lookonchain (@lookonchain) May 24, 2023

*Not investment advice.