$ESPORTS is showing all the classic signs of an upcoming crime 👀
The on-chain timeline is extremely interesting:
- Tokens were withdrawn from team wallets to a cluster of fresh addresses
- Those fresh wallets split the tokens again into new addresses
- Heavy transfers to KuCoin started
- Movements detected to wallets linked to DWF Labs
We all know what usually happens when DWF steps into a coin.
Over the last 2-3 days, roughly $23M in $ESPORTS has been deposited to KuCoin. Selling that size directly into current liquidity is impossible without crushing the chart.
This looks like preparation to push the price up and build exit liquidity.
Current market snapshot:
- Price is sitting at local highs
- Open Interest is still quite weak
- Top OI is currently on Binance at roughly $12.8M
Some day at @Base Batches presenting Upshot 👀
Awesome to connect with the based legend @jessepollak & hand over his very own Upshot card in person 💪🏼
Ready for a huge week connecting with other builders at @EFDevcon and showing the world what we’re all about.
P.S. Sent you a message Jesse, it’s time to rip your first pack!