According to Odaily Planet Daily, STBL officials issued a statement on X to clarify some controversial discussions during TGE.

STBL stated that there has been recent speculation on social media about market makers selling tokens during the TGE phase, but no abnormal selling activity has been observed other than normal liquidity provision behavior in a rising market.

Regarding speculation regarding addresses and activity related to market maker Auros Global, while some token supply did originate from the market maker, detailed verification has confirmed this to be unfounded. The wallet address 0x7654D09b4Ead2eB6119a974c74071942Cc56866C does not belong to any affiliate of Auros or STBL and is actually an exchange hot wallet. On-chain transfers, which some observers mistakenly interpreted as sell-offs, were actually operational flows to the exchange's wallets. Given the market demand during the exchange's initial offering, it is speculated that these activities may represent arbitrage by users exploiting the price difference between the exchange and the on-chain platform.

It should be emphasized that these trading intentions are merely speculations based on market phenomena, and neither STBL nor Auros engages in any arbitrage price behavior.