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What's happening to $ATOR?
The $Ator coin experienced a massive 78% drop from its all-time high within the last 48 hours, leading to significant losses for many investors who bought in at its peak due to FOMO (Fear Of Missing Out).
The coin's description on CoinMarketCap mentions its aim to empower The Onion Router (Tor) through on-chain incentives and facilitate wider adoption of secure network relay protocols through hardware products. However, it's worth noting that the Tor Project has repeatedly clarified its non-affiliation with the Ator project.
On November 20, 2023, the Tor Project reiterated this statement, coinciding with the start of the real dump in $Ator's value.
Investigations into the top holders and traders of $Ator revealed some intriguing details. Using tools like DexScreener and Arkham, it was observed that a significant number of top traders began selling before the actual dump, raising questions about whether they had prior knowledge of events affecting $Ator's price.
Further analysis of a specific wallet address (0x2F3d4941448f06EcA9B8a2b8cf14111757C91E50) among the top holders showed that this individual started selling $Ator four days before the price dropped, making a substantial profit of around $4,000,000 while still holding approximately $1,290,000 worth of the coin.
This investigation also revealed that the individual's average buying price for $Ator was $0.05084, accumulating around $290,000 worth of the coin and ultimately realizing a total profit of $5,290,000.
Overall, it appears that a series of unfavorable events, including the Tor Project's disavowal of any connection with Ator and the actions of significant holders and traders, contributed to the significant dump in $Ator's value. The situation prompts curiosity about how $Ator will respond in the coming days or weeks.
Please note that the provided information is based on investigations and available data, and investing in cryptocurrencies involves risks, especially in volatile market conditions.
For this investigation I used:
Dex Screener
Arkham Intelligence
Zerion App
The coin's description on CoinMarketCap mentions its aim to empower The Onion Router (Tor) through on-chain incentives and facilitate wider adoption of secure network relay protocols through hardware products. However, it's worth noting that the Tor Project has repeatedly clarified its non-affiliation with the Ator project.
On November 20, 2023, the Tor Project reiterated this statement, coinciding with the start of the real dump in $Ator's value.
Investigations into the top holders and traders of $Ator revealed some intriguing details. Using tools like DexScreener and Arkham, it was observed that a significant number of top traders began selling before the actual dump, raising questions about whether they had prior knowledge of events affecting $Ator's price.
Further analysis of a specific wallet address (0x2F3d4941448f06EcA9B8a2b8cf14111757C91E50) among the top holders showed that this individual started selling $Ator four days before the price dropped, making a substantial profit of around $4,000,000 while still holding approximately $1,290,000 worth of the coin.
This investigation also revealed that the individual's average buying price for $Ator was $0.05084, accumulating around $290,000 worth of the coin and ultimately realizing a total profit of $5,290,000.
Overall, it appears that a series of unfavorable events, including the Tor Project's disavowal of any connection with Ator and the actions of significant holders and traders, contributed to the significant dump in $Ator's value. The situation prompts curiosity about how $Ator will respond in the coming days or weeks.
Please note that the provided information is based on investigations and available data, and investing in cryptocurrencies involves risks, especially in volatile market conditions.
For this investigation I used:
Dex Screener
Arkham Intelligence
Zerion App
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
