The #EsportsToken O token ESPORTS (from the Web3 gaming platform Yooldo Games) experienced a brutal collapse of over 90% in its value in just one hour due to a massive token dump associated with wallets of the developers and investors of the project. The Main Reasons for the Drop Massive Sell-off (Insider Dumping): On-chain data analysis revealed that wallets linked to the project team and venture capital investors dumped around 178 to 197 million ESPORTS tokens onto the market. This amount represented about 43% of the total circulating supply of the currency. Token Unlocking: About two months before the collapse, tens of millions of tokens were released from a multi-signature (multisig Gnosis Safe) security wallet from the project’s treasury. This amount was recently split into several smaller wallets and liquidated quickly. Low Market Liquidity: The token had shallow buy orders and little public liquidity. When a massive volume of coins (equivalent to over 12 million dollars) was sold all at once, the market couldn't absorb the impact, causing the price to plummet in a cascading effect towards zero. Suspicions about Market Makers: Part of the coin flow was sent to exchanges via addresses linked to DWF Labs, a partner company acting as a liquidity provider (market maker). This combination resulted in the disappearance of over 110 million dollars in market value of the project in a matter of hours, leaving investors at a loss. Would you like to know where to track the on-chain data of this transaction or want to better understand how token unlocks (vesting) work to avoid similar scams?