Suspected ARIA Controller’s Early-Morning Dump Causes Over 91% Price Plunge
According to on-chain analyst Yujin (@EmberCN), the suspected ARIA controller sold 45.64 million ARIA tokens in bulk today at dawn via eight wallets, receiving 5.42 million USDT in return—the average sale price was $0.12. This large-scale sell-off caused ARIA’s price to plummet from $1.01 to $0.09, a 91% decline, and its circulating market cap dropped from $315 million to $38.5 million. The aforementioned 45.64 million ARIA tokens were withdrawn from Gate onto the blockchain three weeks ago.
