News linked to both this project and an event.
According to on-chain analyst Ai Aunt (@ai9684xtpa), the on-chain price of ESPORTS temporarily diverged from Binance’s perpetual contract price by as much as 45%, with a negative funding rate. The current on-chain spot price stands at approximately $0.04072, while Binance’s perpetual contract price is around $0.0492—still reflecting a 20.8% price gap. Reports indicate that Gate, MEXC, and Bitget have suspended token deposits, preventing effective arbitrage from narrowing the price gap between on-chain markets and centralized exchanges, thereby further impacting the performance of Binance’s perpetual contract price index.
According to on-chain analytics platform Lookonchain (@lookonchain), the wallet address Whale0x9eC9 withdrew a total of 10.86 million CHIP tokens—worth approximately $1.26 million—from MEXC and Binance within the past 12 hours.
Odaily News According to Lookonchain monitoring, trader "J3jfq8" spent 10,000 USDC to buy 1.12 million SPIKE 4 hours ago. Previously, he made a profit of at least $3.8 million on MOODENG, achieving a return of over 3500x. He spent 8.1 SOL ($1,072) to buy 33.4 million MOODENG when its market cap was only $320,000, and later sold for profit via DEX and MEXC.