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Suspected Bedrock official LP address has net invested 50 million BR since June 19 for liquidity provision
Summary: According to on-chain analyst Ai Yi (@ai_9684xtpa), a suspected Bedrock official LP address, 0x9bd, has net invested 50 million BR (approximately 4 million USD) since June 19 to provide liquidity. The operation involves receiving tokens, selling some BR for USDT, adding bilateral liquidity, and buying back when the coin price is slightly lower, mainly to ...
According to on-chain analyst Ai Yi (@ai_9684xtpa), a suspected Bedrock official LP address, 0x9bd, has net invested 50 million BR (approximately 4 million USD) since June 19 to provide liquidity. The operation involves receiving tokens, selling some BR for USDT, adding bilateral liquidity, and buying back when the coin price is slightly lower, mainly to stabilize the coin price, facilitate user trading, and earn fees.
- Sold 41.436 million tokens at an average price of 0.07959 USD five hours ago, worth 3.298 million USD (previous buying behavior was also aimed at stabilizing the coin price)
- Subsequently added 9.27 million BR and 3.427 million USDT to Pancake for bilateral liquidity, currently earning 5412 USD in fees in over five hours (at a 0.01% fee level)
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Link: Suspected Bedrock official LP address has net invested 50 million BR since June 19 for liquidity provision [Copy]
