Deep Tide TechFlow News, on November 1, according to Lookonchain monitoring, ACT developers sold 34.2 million ACT in a single transaction for 4,340 SOL (approximately 730,000 USD), resulting in a 52% drop in ACT.

ACT developers still hold 21 million ACT (approximately 630,000 USD) and may sell again. The developers previously spent 4 SOL to purchase 126 million ACT and sold 52.4 million ACT through multiple wallets, earning 7,455 SOL (approximately 1.25 million USD) in profit. The developers also destroyed some ACT, and currently hold 21 million ACT across three wallets.