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Synapse (SYN) Plummets by 25% as Tokens Sell Out in Minutes

A sudden sale of 9 million SYN tokens by an anonymous liquidity provider led to a significant price drop, but Synapse Labs assures there are no security concerns. The seller no longer holds any SYN tokens, having exchanged them for 2.35 million USDC.

Gideon Wolf - September 5, 2023

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