AKE Dealer Transfers $3.46M to Binance, Triggering 73% Price Drop
2026-07-07 21:02

Woofun AI reports that the AKE market maker has repeatedly transferred significant token volumes to Binance Alpha for both on-chain and off-market sales. Three days ago, a transfer of approximately $1.22 million, equivalent to 3.944 billion AKE, coincided with a price decline from $0.0005 to $0.0003, representing a 40% drop.

Subsequently, within a few hours, the dealer moved an additional $2.24 million, or 9.825 billion AKE, to Binance Alpha. Continued selling via on-chain addresses pushed the AKE price further down from $0.0003 to $0.0002, marking an additional 33% decrease.

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Tags:
AKE
Yu Jin
Binance
Binance Alpha
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