Closing the Net? An Address Cluster Dumps 249 Million H in 7 Hours, Cashing Out $31.3 Million

According to on-chain analyst Ember's monitoring, 7 wallets sold 249 million H tokens on-chain over the past 7 hours, cashing out $31.3 million (including 17,800 ETH and 2,715 BNB). The majority of these sold tokens came from unlocks. H's price has dropped 83% over the past 7 hours due to the large-scale selling.