ChainCatcher news, Spot On Chain posted on platform X that due to ongoing conflicts between Ape Terminal, SatoshiVM, and Mac, the SAVM token has dropped by 32%. According to on-chain data: the SAVM Insight wallet has no activity, and the outflow of "smart traders" has increased to 382,000 SAVM.CoinGecko data shows that the price of the Bitcoin Layer2 project SatoshiVM's SAVM is currently $7.58, with a 24-hour decline of 29.4%.Previously, KOL Mac stated on platform X: "The Launchpad project Ape Terminal has engaged in deceptive practices in all its ID0 releases. All winners are from the Ape Terminal team. In addition, they charged a 25% fee. Ape Terminal refunded all SAVM tokens to the SatoshiVM team but made millions by selling the winners' wallets." In response, Ape Terminal stated: "SatoshiVM was founded by KOL Mac, who holds a large amount of unlocked SAVM and made $10 million in profit in one day."

ChainCatcher news, the Bitcoin ZK Rollup Layer2 solution SatoshiVM officially stated that it will extend the unlocking period for the SAVM tokens of the team, advisors, and launch partners. The SAVM tokens for launch partners will be locked for 3 months, and then 4% will be gradually unlocked each month over the next 12 months; the SAVM tokens for advisors will also be locked for 3 months, followed by a 2-year linear token unlock; the tokens for SatoshiVM contributors will be locked for 6 months, followed by a 2-year linear token unlock.

ChainCatcher message, Lookonchain monitoring shows that a wallet associated with the @SatoshiVM team is selling SAVM tokens. The wallet address (referred to as "0xfdac") received 420K$ SAVM (worth about 4.7 million dollars) from the @SatoshiVM team's wallet. Subsequently, the wallet transferred 189,700$ SAVM (worth about 2.12 million dollars) to 24 new wallets and has already sold 124,739$ SAVM for 504 ETH (approximately 1.24 million dollars).

ChainCatcher news, according to official information, SatoshiVM has announced the basic information and distribution details of its token SAVM. The total supply of the SAVM token is 21 million, with the distribution ratio including: ecosystem 36.5%, liquidity 30%, contributors 15%, Bootstrapping 15%, Bounce Finance IDO 2%, APE Terminal IDO 1%, MUBI mining pool 0.4%, BSSB mining pool 0.1%.