FIST token risk warning: Multiple addresses continue cashing out, beware of collapse risk
According to ChainCatcher, on-chain data shows that several addresses related to the FIST token have recently been cashing out large amounts, with the total amount cashed out reaching as high as 30 million US dollars.
An address starting with 0x3C...3e58 holds FIST-related liquidity pool positions that can be continuously sold off. If this address sells its tokens, it can exchange for more than 2 million FIST tokens and has been selling to cash out.
This address alone holds a position of 2 million FIST tokens that can be cashed out, while the FIST liquidity pool is nearly depleted. Due to the ongoing large-scale sell-offs, the liquidity of the FIST pool is on the verge of collapse, and its risk index is extremely high.
Market analysts warn that the FIST project is facing a severe liquidity crisis and there is an extremely high risk of collapse.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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