ESPORTS project team-linked addresses sold 178 million tokens, causing token price to drop over 90% within 2 hours

Odaily reported that according to on-chain analyst Ember's monitoring, multiple addresses linked to the ESPORTS project team sold ESPORTS tokens on the BSC chain. Starting from 18:18, these addresses sold 178 million ESPORTS, exchanging them for 19,049 BNB, worth $12.76 million. This action caused ESPORTS to drop over 90% in the last 2 hours.