Data: 3 hours ago, the BALD project team repurchased BALD with 1160 ETH, withdrawing over 10,000 ETH and 224 million BALD liquidity along the way

ChainCatcher news, according to Yujing's整理, 3 hours ago, the BALD project team started to use 1160 ETH (approximately 2.17 million USD) to buy back 29.78 million BALD, with the BALD price rising from 0.055 to a peak of 0.09 USD.

During the buyback, the project team withdrew 10,704 ETH (approximately 20 million USD) and 224 million BALD liquidity from the pool, causing a sharp drop in pool depth and market panic, leading the BALD price to fall from 0.09 USD to 0.02 USD. Currently, 50.9% of the total BALD supply (509 million, worth 11 million USD) is held in the project team's address.