How Did Whales Manipulate the Market Behind the Roller Coaster Ride of TRB, Surging 139% and Plummeting 70% in a Single Day, Resulting in an $80 Million Burst Warehouse?

A few days ago, the online data tracking platform Spot On Chain issued a warning, stating that TRB is a highly concentrated token. Out of the 2.5 million TRB tokens in circulation, approximately 1.7 million are traded on various exchanges, while 660,000 are held by 20 whale addresses, accounting for as much as 95% of the token’s liquidity on the chain.