LISA crashes 76% in 24 hours, with three Alpha users' sell-offs driving a rapid short-term price drop

According to ChainCatcher, on-chain analyst @ai_9684xtpa monitored that LISA experienced a flash crash of 76% within 24 hours. Three Alpha users (it is unclear whether they are the same person) sold $170,000 worth of LISA in three transactions within 28 seconds at 10:22 (UTC+8), causing the token price to drop sharply in a short period.

Transaction 1: At 10:22:28 (UTC+8), $39,540 worth of LISA was sold; Transaction 2: At 10:22:36 (UTC+8), $45,540 worth of LISA was sold; Transaction 3: At 10:22:36 (UTC+8), $85,668 worth of LISA was sold. Since trading this token offers a 4x Alpha trading volume reward, after large holders dumped their tokens, a large number of users engaged in wash trading panicked and sold off, causing the price to collapse further.