BlockBeats News, July 7th. According to on-chain analyst Yu Jin, 3 days ago, approximately $1.22 million worth of AKE (3.944 billion tokens) was transferred to Binance Alpha by an AKE whale and sold off, causing AKE to drop by 40% on that day, plummeting from $0.0005 to $0.0003.

In the past few hours today, around $2.24 million worth of AKE (9.825 billion tokens) was once again transferred to Binance Alpha by an AKE whale, while on-chain selling is taking place. As a result, AKE experienced another 33% sell-off, dropping from $0.0003 to $0.0002.