The address associated with the Israeli project Orbs team deposited 81.8 million ORBS into OKX and is suspected of selling ORBS

Odaily News According to Lookonchain monitoring, the Israeli blockchain IaaS platform OrbsNetwork team seems to be selling ORBS tokens after the token price increased. The 2 wallets that received ORBS from the team deposited a total of 81.8 million ORBS tokens (approximately $4.25 million) to OKX in the past 16 hours. The address starting with -0xC13A received 134 million ORBS (approximately $7 million) from the Orbs team and founding partner wallets, and deposited 61.8 million ORBS (approximately $3.2 million) into OKX. The address starting with -0x33B5 received 94.3 million ORBS (approximately $4.9 million) from the Orbs long-term reserve wallet and deposited 20 million ORBS (approximately $1.04 million) into OKX. These two wallets currently hold 153 million ORBS (approximately $8 million) and may continue to sell ORBS.