Data: LSK is suspected to be market-making by GSR Markets, down 78.5% from last weekend's peak

According to on-chain analyst Ai Yi's monitoring, a certain multi-signature address transferred 9.2 million LSK to a certain address, valued at 6.52 million USD; subsequently, 2 million LSK was recharged to GSR's Binance deposit address. A similar operation occurred 9 months ago.

LSK surged to 2.37 USD last weekend, an increase of nearly 10 times, and is currently reported at 0.5084 USD, with a market value shrinking by 78.5% from its peak.