PANews reported on September 6 that Alex Svanevik, CEO of the on-chain analysis platform Nansen, stated on the X platform that initial feedback from using the AI Research Agent suggested that Sun Yuchen was engaging in WLFI dumping. However, upon further examination of the WLFI transaction timestamps, it was found that Sun Yuchen did not conduct any dumping. Furthermore, Alex Svanevik pointed out that the relevant transfers occurred after a significant fall in WLFI, and therefore were not the main reason for the price drop. Additionally, based on the proportion of the overall network volume on that day, it likely did not have a substantial impact on the market price movement.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Nansen CEO: Using AI to check WLFI transaction Timestamp reveals that Sun Yuchen did not engage in dumping.
PANews reported on September 6 that Alex Svanevik, CEO of the on-chain analysis platform Nansen, stated on the X platform that initial feedback from using the AI Research Agent suggested that Sun Yuchen was engaging in WLFI dumping. However, upon further examination of the WLFI transaction timestamps, it was found that Sun Yuchen did not conduct any dumping. Furthermore, Alex Svanevik pointed out that the relevant transfers occurred after a significant fall in WLFI, and therefore were not the main reason for the price drop. Additionally, based on the proportion of the overall network volume on that day, it likely did not have a substantial impact on the market price movement.