ZachXBT: Axis Robotics insiders dumped token AXIS, dropping 40% in 24 hours
According to on-chain detective ZachXBT, insiders at Axis Robotics (AXIS) withdrew over 76 million AXIS tokens from a multisig wallet, valued at over $12 million. They subsequently dumped them via a decentralized exchange (DEX) and transferred part of the tokens to Bitget, causing AXIS to drop by approximately 40% over the past 24 hours.