ESPORTS drops 90% in 1 hour, team addresses sell 60 million tokens

Monitoring shows that after ESPORTS was launched on Kucoin on May 22nd, 451 million ESPORTS (worth $330 million) were transferred to Kucoin through three wallets from May 23rd to 24th. On May 25th, 196 million ESPORTS were sold off the chain for 20400 BNB (worth $136 million). (Ashes)

According to multiple Israeli officials cited by Reuters, Israeli Prime Minister Netanyahu privately admitted that Israel is almost unable to intervene in US President Trump's decision on Iran, and the strategic priorities of the US and Israel on the Iran issue have diverged. The United States and Iran are discussing a preliminary memorandum of understanding, which may involve negotiations on the opening of the Strait of Hormuz and nuclear issues. Netanyahu holds a reserved attitude towards the agreement, concerned that it may not fully address the issue of Iran's nuclear program, and insists on retaining the right of the Israeli military to take military action.

The US stock market is closed for one day due to Memorial Day in the United States.

According to the Bybit market, at the opening of the US stock market, the Dow Jones Industrial Average rose 1.08%, the Nasdaq rose 1.47%, and the S&P 500 index rose 1.06%. Cryptocurrency concept stocks generally fell, COIN fell 4.49%, and HOOD fell 3.42%.

[Whale Address Buys 8.4 Billion ASTEROID, Unrealized Loss of $675,000] According to on-chain analyst Ai Yi (@ai_9684xtpa), a certain address purchased 8.4 billion ASTEROID tokens between April 19 and 25 at an average price of approximately $0.0003013, with a total investment of $2.53 million. As the token's market cap fell below $100 million, the holdings have depreciated by 26.7%, resulting in an unrealized loss of about $675,000. As of now, the address has not executed any stop-loss actions.