PANews, November 1st news, according to Lookonchain monitoring, ACT developers sold 34.2 million ACT in a single transaction for a total value of 4,340 SOL (approximately $730,000), causing the ACT price to plummet by 52%. The developers still hold 21 million ACT (approximately $630,000) and may sell again.
The developers previously spent 4 SOL to purchase 126 million ACT and sold 52.4 million ACT through multiple wallets, earning 7,455 SOL (approximately $1.25 million) in profit.
