Massive Manipulation in the Ethereum Network: 54 Percent Experienced Pump-Dump!

A detailed report on the subject revealed that 54% of all tokens released on the Ethereum (ETH) network in 2023 were subject to manipulation.

On-chain analysis firm Chainalysis In the report recently published by , major manipulation in the Ethereum network was revealed. In the said report, the tokens released on the Ethereum network in 2023 54% of Similar to “insider trading” pump-dump to their manipulations It was stated that he suffered.

On the other hand, these manipulation operations will only increase the total transaction volume on Ethereum’s decentralized exchanges in 2023. 1.3% created.

Making a statement on the subject, Chainalysis Research Director Kim Grauerstated that it is not possible to determine whether these transactions are related to money laundering operations:

The name of the game right now is educating people that they can search for a lot of eyebrow-raising activity in on-chain data. Only in this way can a more conscious and systematic flow be achieved in the future.

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