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Analysis: The Limitless team sold 5 million LMTS, making a profit of $2.3 million, and later re-entered the market by selling another 10 million tokens.

By: theblockbeats.news|2025/10/22 16:15:50

BlockBeats News, October 23, Cryptocurrency KOL ManaMoon revealed in a post, "It's really crazy. The Limitless team transferred 5 million LMTS tokens to a wallet. Finally, they have sold all of them in the past few hours, earning a profit of $2.3 million. When the market rebounded, people thought it was finally over, but it was not. They transferred another 10 million tokens and immediately continued selling."

Original 40 million tokens team wallet:
0x3c583Be48D2796534f8FC8EA214674Ff055d01d7
Selling wallet:
0xBF3132977d9801506deF8E927c4Ff06E5b0801d1

BlackRock's address received 1,884 BTC and 10,585 ETH from Coinbase Prime

ENA experienced a brief 10% flash crash, liquidating the associated address of Andrew Kang on Hyperliquid.