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Bedrock's Response to BR Price Volatility: Revealing LP Address, Committing to Providing Liquidity Support for Project Long-Term Growth
BlockBeats News, July 9th, Bedrock tweeted, stating, "We noticed significant price volatility in BR. We encourage the community to remain rational and be cautious when trading or providing liquidity.
Bedrock will always be committed to long-term development. The official PancakeSwap liquidity pool address has been disclosed, accepting community supervision and feedback. We commit to maintaining this liquidity pool in the near future to support BR stability, BNB ecosystem development, and Alpha's long-term growth."
Earlier reports indicate that according to on-chain analyst Ai Auntie (@ai_9684xtpa), monitoring the OKX liquidity panel showed that 26 addresses withdrew $47.59 million in liquidity in just 100 seconds, with 3 addresses at the million-dollar level and 13 addresses at the $500,000 level engaging in large-scale selling, causing a sudden liquidity drain and price collapse. Prior to the price plunge, BR liquidity exceeded $60 million, but now only $14.56 million remains.
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