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Analyst: The LYN team has accumulated $700,000 worth of tokens by making small purchases through multiple newly created addresses to manipulate the market.
BlockBeats News, December 26 — According to onchainschool.pro monitoring, the Everlyn (LYN) team has been frequently buying small amounts on DEX through multiple newly created addresses to pump the price, accumulating a total of 700,000 USD worth of tokens. It is reported that the active buying activity related to this manipulation accelerated 4 days ago, with the initial buying starting approximately a month ago. As of press time, LYN is trading at $0.12187, with a 24-hour increase of 22.1%.