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57d 8h ago
GAIN Token Alert: 150M GAIN Sold via deBridge for 2,955 BNB (~$3M) and Converted to ETH
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COINOTAG reported on September 25 that on-chain analyst Yu Jin flagged an address linked to irregular GAIN minting activity; the observation is based on blockchain transaction traces rather than conjecture.
According to the monitored data, the address liquidated approximately 150 million GAIN tokens and received 2,955 BNB (roughly $3 million) via the cross-chain bridge deBridge, with the proceeds subsequently converted into ETH.
This account-level movement is verifiable on-chain and highlights cross-chain liquidity flows; market participants and compliance teams should note the recorded transfers for risk assessment, while avoiding attribution of motive beyond the observable transaction history.
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