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GUA token faces sell-off as 14.98 million unlocked tokens are swapped for 2,784 ETH

GUA token faces sell-off as 14.98 million unlocked tokens are swapped for 2,784 ETH

ForesightNewsForesightNews2026/05/28 03:43
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Foresight News reported, according to Ashes monitoring, 9 hours ago, 14.981 million GUA (valued at $15.18 million at the time) were unlocked and withdrawn from the unlock contract, and then all sold on-chain, causing GUA to plummet by 75%. These GUA were eventually swapped for 2,784 ETH (approximately $5.66 million) and stored in three wallets starting with addresses 0x111, 0x7b8, and 0xfA4.

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