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

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