Market maker wallet exchanges 1.52 million HOLOs for 1,013 BNBs to stabilize the price

According to PANews, Lookonchain monitoring shows that the wallet address 0x3723 is a market maker, not a KOL investor. The wallet was exchanged for 1,013 BNBs with 1.52 million HOLOs 20 hours ago, worth $915,000. This operation was performed when HOLO is on a 15% premium on BNB Chain, probably to stabilize its price.