DeBox multi-signature associated addresses are suspected of dumping, and the on-chain BOX liquidity has decreased to 10,000 USD
ChainCatcher news, according to analyst @defioasis, the DeBox project has dropped over 30% in the last 24 hours, with Uniswap V2 pool liquidity remaining at only $2,900, and total on-chain liquidity around $10,000.
The address associated with the official multi-signature, deboxsocial.eth, transferred 2.98 million BOX to 0x2F…9d14 today. Subsequently, 0x2F…9d14 first removed 1.898 million BOX and 17.5 ETH in liquidity, then directly sold 170,000 BOX on Uniswap, and transferred 4.029 million BOX to Bitget Deposit and Gate Deposit via a relay address.
The social platform DeBox secured $2 million in funding from ABCDE Capital last year and received strategic financing from DWF Labs and OKX Ventures this year.
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