The address of 1.52 million HOLOs was once replaced with 1,013 BNBs. It was confirmed as a market maker, or to stabilize the price.
Source: ForesightNews
Time: 2025-09-12 17:47:37
According to Lookonchain monitoring, the address starting with 0x3723 has been confirmed not to be a KOL investor, but a market maker wallet that exchanged 1.52 million HOLOs into 1,013 BNBs (about 915,000 US dollars) 20 hours ago. This operation occurs when HOLO is at a 15% premium on the BNB chain, which may be to stabilize the price.