PANews reported on March 24th that, according to on-chain analyst Yu Jin, Bitlayer (BTR) has plummeted by 80% since yesterday afternoon, falling from $0.20 to $0.04. It appears that the Bithumb exchange is the primary dumping ground for BTR spot trading (or rather, the site of spot price manipulation): in just one day since yesterday's drop, 41% of the circulating supply of BTR (140 million tokens) has flooded into Bithumb.
BTR has plummeted 80% since yesterday afternoon, during which 41% of its circulating supply flowed into Bithumb.
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Author: PA一线
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