Ember: GoPlus tokens are transferred to Binance and then distributed to market makers. Market makers who sell 70 million tokens are difficult to identify
According to Ember Monitor, the market speculates that a market maker has sold 70 million GPS, but it is difficult to confirm which market maker. On the day the GPS went live, the project transferred 800 million GPS to Binance. According to GoPlus, 500 million GPS were clearly allocated: 300 million as HODLer rewards, 200 million planned for future marketing (this part has been transferred from Binance wallet to a separate wallet for storage).
It is speculated that the smash may be part of the 300 million tokens allocated to the market maker. Since GoPlus does not directly distribute tokens to the market maker on the chain, but first transfers the tokens to Binance and then distributes them, it is impossible to determine which market maker is through the wallet transaction traces.