BlockBeats News, June 25th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), one of the suspected main addresses of Bedrock official LP, address 0x9bd, has netted in 50 million BR tokens (about 4 million USD) for providing liquidity since June 19th. The operation mainly follows the pattern of "receive tokens, sell part of the BR for USDT, provide both sides liquidity, buy back when the price is slightly lower," with the main purpose of stabilizing the token price to facilitate user "volume boosting" and earn fees.
· Sold 41.436 million tokens at an average price of 0.07959 USD five hours ago, worth 3.298 million USD (there has been buying behavior before, and the buying and selling purposes are to stabilize the token price)
· Subsequently added 9.27 million BR tokens and 3.427 million USDT to Pancake for both sides liquidity, currently earning 5,412 USD in fees in a little over five hours (at a 0.01% fee level)
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