Massive Token Sale by Liquidity Provider Triggers 25% Plunge in SYN Token Value
An undisclosed liquidity provider associated with the Synapse crosschain bridge reportedly sold 9 million SYN tokens at once, causing the asset's market value to plummet by 25% from $0.4 to $0.31, according to blockchain observer Soingecko. Etherenscan data indicates that the SYN tokens were sold fo ...