The team transferred to two major exchanges, meme coin price dropped by 20 percent

While it is known that the declines are as sharp as the increases in meme coins, the team has recently made a big sale in TURBO, which is recently listed on Binance. After the sale from the summit, there was a significant decrease in the token.

In the TURBO, which was recently listed by the Binance exchange, it seems that significant sales have come from the project team. The team, known for selling on the rise and putting great pressure on the price, sent a total of 9.5 million dollars of TURBO tokens to the Binance and OKX exchanges.

According to the information given by the on-chain tracking platform Lookonchain, the team has sold 1.5 billion tokens worth a total of 17 million dollars through exchanges since June.

They sold as the record came

As seen in the chart below, the team sells without hesitation when token prices rise significantly. In fact, while TURBO reached the new ATH level yesterday, it did not escape the eyes that these transfers came right at the top. TURBO, a meme coin issued on the Ethereum network last year, started a serious upward movement, especially after the Binance listing on September 16.

TURBO, which fell by 20% after the transfers started, is currently trading at $0.010.