Analysis: The address of 1.52 million HOLOs that were exchanged for 1,013 BNBs was a market maker wallet

According to Golden Finance, according to Lookonchain monitoring, it has been confirmed that the wallet address 0x3723 does not belong to a certain KOL investor, but a market maker wallet. The wallet exchanged 1,013 BNBs (worth $915,000) for 1.52 million HOLO tokens 20 hours ago. This operation was performed when HOLO is on a 15% premium on BNBChain, most likely to be to stabilize its price.