Mechanism Capital Transfers 981,000 HIGH to Exchange, HIGH Price Then Drops 6.32%
According to Spot On Chain, Mechanism Capital's associated wallet address 0x4f8 transferred 981,000 HIGH ($1.27 million) to CEX 12 hours ago at a uni t price of $1.298, after which the price of HIGH dropped 6.32%. It is reported that Mechanism Capital is one of the investors in Highstreet.
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Data: 10 addresses received a total of 210,000 ETH within 6 hours, worth approximately $863 millions.
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