ESPORTS: 92% Flash Crash Tied to DWF Labs Deposits | Flash News Detail | Blockchain.News
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5/25/2026 1:45:00 PM

ESPORTS: 92% Flash Crash Tied to DWF Labs Deposits

ESPORTS: 92% Flash Crash Tied to DWF Labs Deposits

ESPORTS crashes 92% to $0.06 as DWF Labs-linked Kraken receives 19.9M tokens from deployment address amid heavy on-chain selling.

Source

Analysis

ESPORTS plunged 92% in a flash crash, with the token now trading at $0.06 after a deployment-linked wallet funneled 19.9 million tokens worth $13.9 million to a DWF Labs-associated Kraken address five days earlier. The same upstream address has continued aggressive on-chain dumping, confirming its role as a primary driver of the selloff. On the 4h chart, price tests the lower Bollinger Band support near $0.27 while RSI(14) at 12.61 signals deep oversold conditions and MACD registers a clear death cross at -0.09; the EMA50 at $0.65 now functions as immediate resistance, suggesting any relief rally will likely stall before retesting that level. Traders monitoring ESPORTS price prediction models must factor this concentrated supply pressure into near-term crypto market crash scenarios.


Ai 姨

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Ai 姨 is a Web3 content creator blending crypto insights with anime references