Why did the market plummet overnight? ? ?

Let's see why!

Found the culprit

Sun Yuchen deposited 8 assets worth $14.3 million to Binance 15 hours ago

According to Spot On Chain monitoring, 15 hours ago, Sun Yuchen deposited 8 assets worth $14.3 million to Binance, including:

3.45 million ETHFI ($12.05 million) - from airdrops; • 6.22 million CRV ($1.96 million) - 5 million CRV were purchased from Curve founders at $0.4 through OTC in August last year; and 6 other tokens CVX, MATIC, GAL, WOO, PROS and TRU, worth $333,000. In total, Sun Yuchen has deposited 12 tokens worth $35 million to Binance in the past week, most of which are DeFi tokens.

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