Data: 517 million CELTs were deposited by five addresses to OKX on February 26

On February 28, the Web3 knowledge map protocol 0xscope tweeted that through the analysis of CELT’s OKX deposits, it was found that 517 million CELTs were deposited in five EOA (external account) addresses on February 26 (the day before the large-scale sale) (the peak value on February 27 was $2.6 million). These addresses are funded by CELT token deployers.

Interpretation of this information:

The message contains crucial information regarding the deposit of 517 million CELTs in five external account addresses (EOA) on February 26, discovered through the Web3 knowledge map protocol 0xscope’s analysis of CELT’s OKX deposits. This occurred one day before a large-scale sale that took place on February 27, reaching a peak value of $2.6 million. The deposit was made by the deployers of the CELT token.

This news is significant because it sheds light on the financial activities of CELT token deployers, potentially indicating insider trading, which is a form of illegal activity. Insider trading involves the use of non-public information to gain an unfair advantage in the stock market. In this case, the CELT token deployers may have had access to information that the public was unaware of, and they could have taken advantage of it by depositing a significant amount of CELTs in specific EOA addresses before the large-scale sale.

It is unclear whether these deposits were made to manipulate the market, but the timing and the amount of CELTs deposited raise suspicions. The Web3 knowledge map protocol’s analysis reveals that the CELT token deployers may have had a plan to benefit from the large-scale sale, possibly at the expense of other investors.

The three keywords that summarize this message are: CELT token, EOA addresses, and insider trading. The CELT token deposit in the EOA addresses suggests the possibility of insider trading, which raises concerns about the fairness of the market. It is essential for market regulators to investigate these activities to ensure that all investors are given a fair chance to profit from their investments.

In conclusion, this message highlights the importance of transparency in the financial market and the need for regulators to monitor the activities of players to prevent insider trading. The analysis of deposits made by CELT token deployers suggests the possibility of such activities and warrants further investigation.