Analyst: MOCA is suspected of commissioning Galaxy Digital for market making or token selling

ChainCatcher news, according to on-chain analyst @ai_9684xtpa, MOCA is suspected of entrusting Galaxy Digital for market making or token selling.

In the past two weeks, the Mocaverse liquidity distribution multi-signature address transferred 74.07 million MOCA to Galaxy Digital, worth 5.92 million USD;

4 hours ago, Galaxy deposited 40 million of those tokens to Bybit, worth 3.6 million USD.