FLOKI team-related wallet suddenly dumps: sold 27.4 billion tokens within an hour, converting to $1.35 million worth of ETH

ForkMonger · 2026-01-18T02:40:10+00:00

The Floki team's associated wallet recently moved out 27.4 billion FLOKI tokens, cashing out approximately $1.35 million worth of ETH, with the source of funds traceable back to the initial address from three years ago. This large transfer suggests that the project team may be adjusting their strategy, and holders should stay alert to avoid potential risks.

ForkMonger

2026-01-18 02:40:10

Abstract generation in progress

【Crypto World】An interesting move has occurred. The Floki team’s associated wallet has transferred out 27.4 billion FLOKI in the past hour, cashing out approximately $1.35 million worth of ETH. Most importantly—this money can be traced back to the initial deployment address from three years ago.

Looking at this pace, it’s clearly not the behavior of small retail investors. Holding since three years ago and suddenly liquidating all at once suggests either special considerations or that the project team is adjusting its strategy. Such large transfers in the market are always a sign of market sentiment. The ETH involved also indicates a firm intention to cash out—there’s no dumping panic selling, just a clear intent to realize profits.

For FLOKI holders, such abnormal movements of team addresses are the most noteworthy. After all, large fund movements often trigger chain reactions later on.

FLOKI-3,63%

ETH0,74%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes