$AKE This spike isn’t simple. About 4 hours ago it surged 115%, then it’s suspected that a market maker withdrew 216 million AKE from Binance Alpha, worth $138.3 million. And it holds at least 12.4 billion AKE, worth $803 million—over 54% of circulating supply. Essentially, the order book is mostly dictated by what’s in its hands.
Yesterday, B2 was also pulled from 0.41 to 0.9. The same market maker transferred 13 million B2 into Alpha at a low price, and the unrealized profit is $4.27 million. One pump pulls it out, another pump pulls it back in—Alpha is their front line for adjusting inventory.
SIREN, AKE, XPIN, and BTR are all from this same group—each of them has been pumped by 10x. So this 115% move in AKE is very likely a scripted play, not a market behavior.
Yesterday, B2 was also pulled from 0.41 to 0.9. The same market maker transferred 13 million B2 into Alpha at a low price, and the unrealized profit is $4.27 million. One pump pulls it out, another pump pulls it back in—Alpha is their front line for adjusting inventory.
SIREN, AKE, XPIN, and BTR are all from this same group—each of them has been pumped by 10x. So this 115% move in AKE is very likely a scripted play, not a market behavior.
