YFI plunged more than 40% in a single day, and the team is suspected of selling tokens on a large scale
On November 18th, Yearn finance (YFI) dropped more than 40% in a single day, currently trading at $8,950. According to WhaleWire, a cryptocurrency data tracker, this is due to a large-scale sell-off by the team, as data shows a significant net outflow from their team wallet.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x POWER: Trade to share 4,387,500 POWER
New users get a 100 USDT margin gift—Trade to earn up to 1888 USDT!
Bitget Spot Margin Announcement on Suspension of DOG/USDT, ORDER/USDT, BSV/USDT, STETH/USDT Margin Trading Services
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Trending news
MoreCrypto prices
More
