ZachXBT Says Axis Robotics Insiders Sold More Than 76 Million Tokens

Blockchain investigator ZachXBT said Axis Robotics insiders took more than 76 million Axis Robotics (AXIS) tokens from a multisignature wallet and sold them as AXIS fell about 40% in 24 hours. The tokens were valued at more than $12 million, ZachXBT said. The tokens were sold through decentralized exchanges, and some were transferred to Bitget, ZachXBT said. The account describes a withdrawal from a multisignature wallet, subsequent sales on decentralized exchanges and transfers of some tokens to the exchange. The withdrawal came first, followed by the sales and exchange transfers.