Nansen CEO: Using AI to check WLFI transaction timestamps revealed that Justin Sun did not dump the market
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According to Huoxun Finance, on September 6th, Alex Svanevik, CEO of the on-chain analytics platform Nansen, posted on the X platform that while AIResearchAgent initially suggested Sun Yuchen was selling WLFI, a subsequent review of WLFI transaction timestamps revealed that Sun had not engaged in a sell-off. Furthermore, Svanevik noted that the relevant transfers occurred after a significant drop in WLFI, and therefore were not the primary cause of the price drop. Furthermore, based on the percentage of total network trading volume that day, they likely did not have a substantial impact on market price trends.
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