Entity in ESPORTS crash linked to manipulation of other BSC tokens, analyst says
May 26, 2026, 6:19 AM
On-chain analyst ZachXBT has identified an entity connected to four BSC-based projects suspected of price manipulation on centralized exchanges (CEX), including Yuldo Games (ESPORTS), which crashed 94% overnight. He stated that this entity received vested ESPORTS, RIVER, and LIGHT tokens through a Sablier vesting contract and is also linked to three LAB multisig wallet signers. ZachXBT noted that he had previously raised suspicions about price manipulation involving LAB and RIVER. He added that it would be difficult to attribute the entity's position to mere luck, given that ESPORTS plummeted 93% in a sharp overnight drop, suggesting potential insider activity. Meanwhile, suspicions of a rug pull are spreading throughout the community following the ESPORTS crash.
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