On-chain data analytics provider Lookonchain has revealed that the Turbo team has deposited 810 million TURBO, equivalent to $9.53 million, to Binance and OKX. This latest move follows a series of similar deposits since June 5th, totaling 1.5 billion TURBO ($17.65 million). Notably, each deposit has been accompanied by a subsequent price decline. Lookonchain's report highlights the unsettling trend of the Turbo team's actions. By consistently flooding exchanges with TURBO, they have created a pattern of selling pressure that has driven the price down. This behavior has sparked concern among investors, who are advised to exercise caution and monitor the situation closely. The high volatility associated with such large deposits and subsequent sell-offs poses a significant risk to potential buyers.