Axis Insiders Dump ~42 Million Tokens From Team Multisig, Causing 40% Crash Just Days After Binance, Coinbase, and Upbit Listings According to chain researcher ZachXBT, suspected insiders at Axis Robotics received over 76 million Axis tokens (worth over $12 million) from the team's multisig wallet before dumping them through decentralized exchanges (DEX) and depositing funds on Bitget. ZachXBT highlighted that one insider downloaded approximately 42 million tokens (~5.04 million USDC) directly from the multisig pool, causing a 40% price drop just a week after the token was listed on Coinbase, Upbit and Binance. - Link.

Axis Insiders Dump ~42 Million Tokens From Team Multisig, Causing 40% Crash Just Days After Binance, Coinbase, and Upbit Listings According to chain researcher ZachXBT, suspected insiders at Axis Robotics received over 76 million Axis tokens (worth over $12 million) from the team's multisig wallet before dumping them through decentralized exchanges (DEX) and depositing funds on Bitget. ZachXBT highlighted that one insider downloaded approximately 42 million tokens (~5.04 million USDC) directly from the multisig pool, causing a 40% price drop just a week after the token was listed on Coinbase, Upbit and Binance. - Link.