According to TechFlow, on December 16, according to Lookonchain monitoring, after Upbit announced the launch of MOCA tokens, its price soared by about 350%. On-chain data showed that two wallets suspected to be controlled by the same large user transferred 9.5 million MOCA to the Bybit exchange, worth about $3.55 million. If all were sold, it is expected to make a profit of $2.55 million.