ESPORTS Token Crashes 92% After Massive Whale Sell-Off

Over the past four hours, a large unidentified holder executed a significant on-chain sale of 197.8 million ESPORTS tokens, representing roughly 43% of the circulating supply. The tokens were swapped for 20,401 BNB, worth approximately $13.65 million.

Shortly after the transaction was completed, the ESPORTS token saw a sharp downturn, falling by about 92% in value.

Source: Lookonchain