DeBox multi-signature associated address suspected of dumping, on-chain BOX liquidity reduced to $100,000

According to ChainCatcher news and analyst @defioasis, the DeBox project has fallen more than 30% in the last 24 hours, with only $2,900 left in Uniswap V2 pool liquidity and a total on-chain liquidity of about $10,000.

The address deboxsocial.eth, associated with the official multi-signature, transferred 2.98 million BOX to 0x2F…9d14 today. Subsequently, 0x2F…9d14 first removed 1.898 million BOX and 17.5 ETH in liquidity, then directly sold 170,000 BOX on Uniswap, and transferred 4.029 million BOX to Bitget Deposit and Gate Deposit via a transit address.

The social platform DeBox raised $2 million in funding from ABCDE Capital last year and secured strategic financing from DWF Labs and OKX Ventures this year.