ESPORTS project-associated addresses sold 178 million tokens, causing the token price to drop over 90% in 2 hours

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