When the Orbs (ORBS) project, which works on blockchain scalability, rose significantly in a short time, the team started making sales.
The Orbs team took advantage of the rise and rolled up their sleeves. Reported by on-chain analysis firm Lookonchain to data according to Linked to Orbs team two cryptocurrency wallets on 17 October cryptocurrency exchange to OKX $4.25 million worth 81.8 million ORBS reported.
First, from the Orbs team wallet “0xC13Awallet named “ 7 million dollars worth 134 million ORBS sent. Then this wallet, $3.2 million worth 61.8 million ORBS Transferred to OKX.
The second process is “0x33B5It was carried out through the wallet named ”. This wallet associated with the team was taken from the team’s vault for approximately $4.9 million worth 94.3 million ORBS took and these assets $1.04 million worth 20 million ORBS moved its part to OKX.
The 2 cryptocurrency wallets subject to the news are still in existence. 8 million dollars worth 153.4 million ORBS are held.
In its post, Lookonchain stated that these 3 wallets included in the transfer transactions ORBS He said that he could continue to sell and that attention should be paid.
ORBS, 13 October from date 18 Octoberin the short time until about 180% rising $0.025 from level to $0.067 had reached. ORBS price in line with transfers made by the team to OKX to 30% near depreciation to $0.0492 declined.
DWF Labs’ ORBS transfers to South Korean cryptocurrency exchanges recently triggered a 32% increase in price.
According to CoinGecko data, ORBS, at the time of writing from $0.053 finds buyers.