Suspected GUN market maker transferred 191 million tokens in the early morning, showing signs of high-frequency selling pressure in the morning

ChainCatcher news, according to on-chain analyst @ai_9684xtpa monitoring, at 3 AM yesterday, an associated address of the GUN project transferred out 191 million GUN tokens (about 2% of the total supply), which were originally intended for liquidity/market making. Subsequently, until 8 AM today, the token has continued to experience high-frequency small sell orders, averaging about 10 transactions per second, with each order around 6 dollars, estimating a selling amount of over 210,000 dollars per hour.

According to Binance's new coin research report, this portion of tokens was originally "not yet distributed to market makers, and additional address information will be provided later."