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Coin Edition 2023-10-05 17:48:00

Friend.Tech TVL Drops 7.8% in One Day Alongside Mass Withdrawals

The 7.8% single-day TVL drop of fractionalized NFT platform Friend.tech appears driven partially by concerns about maneuvers from user Hanwei Chang, according to analyst Tom Wan. Wan utilized Dune Analytics, a blockchain data tool, to find out Chang was liquidating 43 of his own fractional tokens for around $232,000 in profits. This selling pressure crashed The post Friend.Tech TVL Drops 7.8% in One Day Alongside Mass Withdrawals appeared first on Coin Edition .

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