Satoshi

Litecoin

Show

Dogecoin

Tellor

<p>Popular oracle token Tellor (TRB) experienced a wild price swing over the past 24 hours, soaring to over $600 before crashing back down below $200. <a href="https://x.com/lookonchain/status/1741683830854164578?s=20" target="_blank" rel="nofollow">According</a> to on-chain analytics account on Twitter LookOnChain, more than $68 million worth of TRB positions were liquidated during this pump and dump event.</p> 
<p>LookOnChain reported that the price of TRB skyrocketed to $600 briefly yesterday before plummeting to $137 within hours. This extreme volatility led to TRB becoming the most liquidated token over that period.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="505" src="https://captainaltcoin.com/wp-content/uploads/2024/01/image-1-1024x505.png" alt="" class="wp-image-411287" srcset="https://captainaltcoin.com/wp-content/uploads/2024/01/image-1-1024x505.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-1-300x148.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-1-766x378.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-1-1536x758.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-1-2048x1010.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-1-304x150.png 304w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-1-100x49.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-1-709x350.png 709w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-1-788x388.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>Specifically, LookOnChain noticed that the Tellor team deposited 4,211 TRB (worth $2.4 million at peak prices) into their treasury wallet shortly after the TRB price spike. This has caused speculation that the Tellor team may have perpetrated or been complicit in manipulating the price higher before dumping their own tokens.</p> 
<p>At the time of writing, TRB is trading around $191, having stabilized after the shocking price swing. However, traders remain rattled by the incident which wiped out many leveraged positions. Questions linger over whether the price action was a coordinated pump and dump scheme or the result of overheated speculation.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Don’t Sleep on this Explosive Crypto Airdrop!&nbsp;
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>Install the <a class="thirstylink" rel="nofollow" target="_blank" title="Getgrass" href="https://captainaltcoin.com/go/getgrass/" data-shortcode="true"><strong>GetGrass extension</strong></a> ASAP – the more points you score, the bigger your free crypto payoff! This red-hot airdrop could set you up for the future, but only if you <strong><a href="https://captainaltcoin.com/go/getgrass/" target="_blank">take action</a></strong> right now!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p>The Tellor oracle system is designed to provide reliable real-world data to DeFi platforms. As an oracle token, extreme price volatility undermines trust in Tellor’s ability to function as a stable value reference. The community is now calling for more transparency from the Tellor team over the circumstances surrounding this price crash event. Until then, uncertainty persists around TRB in the aftermath of its parabolic rise and fall over the past day.</p> 
<p>You may also be interested in:</p> 
<ul> 
 <li><a href="https://captainaltcoin.com/litecoin-ltc-expected-to-spike-200-in-january-if-this-happens/" target="_blank">Litecoin (LTC) Expected to Spike 200% in January If This Happens</a></li> 
 <li><a href="https://captainaltcoin.com/weekly-analysis-of-memecoins-pepe-vs-rebel-satoshi-vs-dogecoin/" target="_blank">Weekly Analysis of MemeCoins: PEPE vs. Rebel Satoshi vs. Dogecoin</a></li> 
 <li><a href="https://captainaltcoin.com/arbitrums-arb-silence-finally-coming-to-an-end-but-breakout-of-this-zone-is-crucial-to-major-price-increase/" target="_blank">Arbitrum’s ARB Silence Finally Coming to an End but Breakout of This Zone Is Crucial to Major Price Increase</a></li> 
</ul> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-nofollow-sponsored-span-we-recommend-etoro-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="nofollow sponsored"> <span>We recommend eToro</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     <strong>74% of retail CFD accounts lose money.</strong>
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="nofollow sponsored"> Visit eToro Now </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. 
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy thetrades of leading traders, for free.
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/skepticism-over-tellor-after-data-suggests-possible-manipulation-prior-to-trb-price-crash/">Skepticism Over Tellor After Data Suggests Possible Manipulation Prior to TRB Price Crash</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Skepticism Over Tellor After Data Suggests Possible Manipulation Prior to TRB Price Crash

Mục lục

CaptainAltcoin

Các bài viết khác được xuất bản trên 1 thg 1, 2024

Solana Price Prediction as $2.2 Billion Trading Volume Comes In – Can SOL Overtake Binance Coin?

Qatar’s CEOs Exhibit Strong Confidence in Growth, Embrace ESG, and Prioritize AI Investment

Polkadot (DOT) Shows Promise Amidst Market Fluctuations

XRP Ledger Ends 2023 with a Transaction Surge

MicroStrategy buys BTC, Trump transfers ETH to Coinbase, spot ETF drama continues, Zhao grounded ...

XRP Price Poised To Hit $20,000: Chad Steingraber Theory Outlines How

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!