The High project official said in the Telegram community: "We recently investigated the price fluctuations of Highstreet. The results of the investigation confirmed that these fluctuations were caused by malicious attacks on our community. Specifically, it has been confirmed that an entity has withdrawn 20 million HIGH tokens, of which 9 million came directly from a Korean exchange. Our team and investors have actively defended and digested 8 million of the 20 million tokens that were sold. However, because these people bought tokens on Bithumb and washed the tokens through the BSC bridge, we didn't know who we were fighting against until now. We urge all traders to be cautious and vigilant. Please pay close attention to the activities of the following wallet addresses: 0xb84970bfefc3f3babcb58e2d3981b1c8e3450

0x10ae0151796151990e8da442d52be582502d

I looked at these two addresses 0xb84 is the user deposit address of bithumb, and 0x10a is the hot wallet address of bithumb.

The following figure shows the circulation process on the entire chain.

The high has fluctuated greatly in the past few days. Now the official has come out to say that an entity deliberately destroyed the price. This means that after the price was raised, the project party did not ship the goods themselves, but others dumped the market. We can see how the high performs in the future. $HIGH