Analyst: Binance's GUN market maker frequently sold small amounts of coins in the early morning, and 191 million "undistributed" tokens were transferred yesterday morning

According to BlockBeats news, on April 1st, according to on chain data analyst @ ai_9684xtpa monitoring, there were high-frequency small sell orders for GUN/USDT trading on Binance from early morning to 8am this morning, with an average of 10 orders per second, about $6 per order, and approximately $216000 worth of tokens sold per hour. At present, GUN's market makers seem to have just cancelled bulk sell orders, and the coin price has slightly rebounded. In addition, according to Binance's new coin research report, 2% of GUN's total tokens (i.e. 200 million) are used for liquidity/market making, and are marked as "tokens have not been distributed to market makers yet, additional address information will be provided in the future". However, the address has already transferred 191 million tokens at 3am yesterday.