Down 78.5% from last weekend's peak, LSK suspected to be market-made by GSR Markets

According to Odaily, on-chain analyst Ai Yi reported that six hours ago, a certain multisig address transferred 9.2 million LSK, worth 6.52 million US dollars, to another address; subsequently, 2 million LSK were deposited into a GSR exchange deposit address. A similar operation occurred nine months ago. LSK soared to 2.37 US dollars last weekend, rising nearly tenfold, but is now at 0.5084 US dollars, with its market value dropping 78.5% from the peak.