LSK drops 78.5% from weekend high amid suspected GSR Markets activity
On-chain data shows a multi-sig address transferred 9.2 million LSK, worth $6.52 million, with 2 million LSK subsequently deposited into a Binance address associated with GSR. LSK, which surged nearly 10-fold to $2.37 last weekend, is currently trading at $0.5084, marking a 78.5% decline from its peak.
Summaries are written by AI from the original article. Not investment advice.