The suspected address controlled by a certain trader now holds 147 millions tokens, accounting for 14.67% of the total supply.
According to Odaily, crypto analyst Ember@EmberCN monitored that approximately 87.85 million Exchange Ren Sheng tokens (valued at about $14.93 million) were previously transferred from an exchange by suspected related addresses through 9 wallets, after which the price of Exchange Ren Sheng tokens increased by about 59%.
Currently, the suspected related addresses collectively hold about 146.7 million Exchange Ren Sheng tokens on-chain, accounting for approximately 14.67% of the total supply, with a corresponding value of about $39.8 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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