Maker Shifts Massive XPIN Stake into Binance Alpha
Maker, an operator tied to coordinated pumps and dumps across several assets, has shifted 1.32 billion XPIN tokens worth $171,000 into Binance Alpha.
This transfer comes after a similar move in July that saw the price of AKE surge by 52 times before crashing back down.
The same addresses linked to Maker are now active on XPIN, and analysts warn that this could lead to further downside pressure before any relief bounce.
On the 4-hour chart, XPIN trades at lower Bollinger support with an RSI(14) of 27.59 in oversold territory, while the MACD prints a death cross below zero, confirming bearish momentum.