- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
Analysis: The steep drop in BR may be due to non-project-related factors, as no unusual activity has been observed in the mainstream liquidity address.
BlockBeats News, July 9th, on-chain analyst Ai Yi (@ai_9684xtpa) stated that this BR sell-off does not appear to be project team behavior: First, the motivation - with the precedent of the ZKJ crash, such an obvious move is too "brazen." This large-volume wash trading personally seems more inclined to be related to a previous contract/spot; secondly, the data - the project team's main liquidity address still holds $4.685 million in liquidity, with the last operation on July 7th, and there was indeed no activity during the crash.
The three main sell-off addresses in the million-dollar range are all newly created addresses from two weeks ago. After withdrawing funds from the exchange between June 24th and 28th, they immediately started large-scale BR positions, with a clear intent and single source of funds.
Address 0x58 from the TOP4 sell-off addresses has relatively more information. The source of funds can be traced back to as early as 2017, with interactions with established exchanges such as Yunbi/Chinabi/Liqui/YoBit. The methods are no different from the last ZKJ crash - "instant removal of liquidity + large-scale sell-off + multi-address cooperation," but it is still quite challenging to investigate.
You may also like
Why DePIN Is the Next Big Revolution in 2026-2028
Key Takeaways DePINs have emerged as a vital solution to the infrastructural demands of AI, moving from theoretical…
Massive US Storm Forces Bitcoin Miners Offline – What Does That Mean for Bitcoin Holders?
Key Takeaways A severe Arctic storm in the U.S. has significantly impacted Bitcoin mining operations, resulting in substantial…
7 Best Crypto Lightning Network Wallets in 2026: Evaluated & Ranked
Key Takeaways Lightning Network wallets enable fast and cost-effective Bitcoin transactions by using off-chain channels. A variety of…
Solana Price Prediction: Institutions Just Chose SOL Over BTC, ETH, and XRP – Is This the Beginning of a Massive Flippening?
Key Takeaways Institutional investors are increasingly favoring Solana over traditional giants like Bitcoin (BTC), Ethereum (ETH), and XRP.…
Penguin Meme Coin Surged 18,000% After Viral White House Post
Key Takeaways: The Penguin meme coin, known by its ticker PENGUIN, experienced a massive surge in market capitalization…
XRP Price Prediction: XRP Ledger Blasts Past $2 Billion in Tokenized Assets – Why This Could Catapult XRP Parabolic
Key Takeaways XRP Ledger’s (XRPL) tokenized assets have surged past $2 billion, cementing its position in both traditional…
Dogecoin Price Forecast: Impending Developments Could Determine DOGE’s Future
Key Takeaways Dogecoin price momentum has stalled, placing it at a critical juncture between recovery and further losses.…
Shiba Inu Price Prediction: Over 250 Billion SHIB Withdrawn – Are We Hours Away From a Surprise Rally?
Key Takeaways Significant SHIB withdrawals signal potential bullish trends, with over 250 billion tokens moved from exchanges to…
Elon’s Grok AI Predicts the Price of XRP, Solana, and PEPE by the End of 2026
Key Takeaways Grok AI, a project rivaling ChatGPT, provides optimistic forecasts for the future prices of XRP, Solana,…
Pump.fun ($PUMP) Price Prediction 2026, 2027 – 2030
Pump.fun has launched its $PUMP token in a much-anticipated ICO, quickly reaching a $2 billion market cap. The…
Is SOL Prepared for a New All-Time High? Solana Captures Nearly Half of Blockchain Activity in Current Bull Run
Key Takeaways: Solana has become a dominant force in the blockchain space, handling nearly half of all blockchain…
XRP (XRP) Price Prediction 2026, 2027 – 2030
Key Takeaways XRP’s price is predicted to fluctuate between $2.05 and $2.32 in 2026, potentially reaching between $3.23…
XRP Price Prediction: How the October 18-25 SEC Deadlines Could Induce a Breakout
Key Takeaways: The approaching October 18-25 SEC deadlines for spot XRP ETF applications could significantly impact XRP’s market…
Best Crypto to Buy Now January 23 – XRP, Dogecoin, PEPE
Key Takeaways Regulatory Shifts: U.S. crypto regulation is becoming inevitable, affecting investment outlooks, especially for altcoins. XRP Developments:…
Ethereum Price Prediction: Ethereum Developers Prepare for Quantum Computers – Major Update on the Horizon?
Key Takeaways The Ethereum Foundation has initiated a post-quantum security team to counteract threats posed by future quantum…
XRP Price Prediction: Institutional On-Ramp Commences in October – Can XRP Rise as Wall Street’s Next Favorite?
Key Takeaways Institutional interest in XRP derivatives is on the rise, suggesting a promising future for the cryptocurrency.…
6 Leading Decentralized Prediction Markets Without KYC in 2026
Key Takeaways Decentralized prediction markets enable users to speculate on various real-world events without intermediaries, offering freedom from…
8 Most Expensive Cryptocurrencies by Price in 2026
Key Takeaways Bitcoin remains the most expensive cryptocurrency as of January 2026, valued at $88,877.30 per coin, highlighting…
Why DePIN Is the Next Big Revolution in 2026-2028
Key Takeaways DePINs have emerged as a vital solution to the infrastructural demands of AI, moving from theoretical…
Massive US Storm Forces Bitcoin Miners Offline – What Does That Mean for Bitcoin Holders?
Key Takeaways A severe Arctic storm in the U.S. has significantly impacted Bitcoin mining operations, resulting in substantial…
7 Best Crypto Lightning Network Wallets in 2026: Evaluated & Ranked
Key Takeaways Lightning Network wallets enable fast and cost-effective Bitcoin transactions by using off-chain channels. A variety of…
Solana Price Prediction: Institutions Just Chose SOL Over BTC, ETH, and XRP – Is This the Beginning of a Massive Flippening?
Key Takeaways Institutional investors are increasingly favoring Solana over traditional giants like Bitcoin (BTC), Ethereum (ETH), and XRP.…
Penguin Meme Coin Surged 18,000% After Viral White House Post
Key Takeaways: The Penguin meme coin, known by its ticker PENGUIN, experienced a massive surge in market capitalization…
XRP Price Prediction: XRP Ledger Blasts Past $2 Billion in Tokenized Assets – Why This Could Catapult XRP Parabolic
Key Takeaways XRP Ledger’s (XRPL) tokenized assets have surged past $2 billion, cementing its position in both traditional…
App