[ The volume of the OVERTAKE market is made up of wash trading ] Did you know that most of the transactions occurring in the OVERTAKE market are wash trades? If you look at the completed transactions, the $USDC received from selling items always moves to the same wallet: 0x65ab18768a983c7f5635e214e29d178bdbf3c6180e230ceda14ae10bf4c50fdf The same goes for buyers, who receive $USDC from the same wallet, 0x65ab18768a983c7f5635e214e29d178bdbf3c6180e230ceda14ae10bf4c50fdf, which is then used to make purchases in the market. This behavior involves repeated buying and selling through multiple wallets, and all the transactions I checked follow the same pattern. To summarize, a specific wallet (0x65ab...fdf) has been central to all trading volume since the market's first transaction on 5/21, spanning 51 days. -------------------------------------------------- From the above, we can draw two conclusions: 1. The OVERTAKE team engaged in wash trading to inflate trading volume. 2. A single user or entity, not the team, has been continuously wash trading in hopes of an airdrop. -------------------------------------------------- If it wasn't a wash trade by the team, could @overtake_world have been unaware of this situation? 😂 @0xneoguri @0xkibom @OVERTAKESH
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