AKE market maker sells another $2.24M in tokens as price drops 33%

On-chain analyst EmberCN reported via X that an AKE market maker is selling 9.825 billion AKE, worth approximately $2.24 million, through transfers to Binance Alpha and on-chain. The price of AKE has since fallen 33% from $0.0003 to $0.0002. The analyst added that this follows a similar sale three days ago, when 3.944 billion AKE ($1.22 million) were transferred to Binance Alpha and sold. At that time, the price fell 40% from $0.0005 to $0.0003.