News linked to both this project and an event.
according to Lookonchain monitoring, a mysterious whale created 3 new wallets, deposited 3 million USDT into Aster DEX, and opened a total long position of 4.73 billion AKE tokens, valued at $3.37 million.
Odaily reports, according to on-chain analyst EmberCN's monitoring, three days ago, an AKE whale transferred 3.944 billion AKE worth $1.22 million to Binance Alpha for dumping, causing AKE to drop 40% that day, with the price falling from $0.0005 to $0.0003. Over the past few hours today, the AKE whale continued to transfer 9.825 billion AKE worth $2.24 million to Binance Alpha and dumped them on-chain, leading to another 33% drop in AKE, with the price falling from $0.0003 to $0.0002.
According to on-chain analyst Yujin (@EmberCN), over the past four days, four wallets collectively transferred 1.23 billion AKE tokens to Binance Alpha—representing 55% of the circulating supply and valued at approximately $8.67 million. He noted that AKE surged to $0.00158 yesterday before retreating by 65%, and this inflow may be one contributing factor. Additionally, since these AKE tokens began entering Binance Alpha, its daily trading volume has risen from $2 million to $34 million.