$ESPORTS sinks over 92% on 25 May amid claims of large wallet-to-exchange flows

$ESPORTS dropped more than 92% on 25 May, erasing over $110m in market value as commentators pointed to heavy token transfers and exchange deposits ahead of the move. The price slid from around $0.69 to nearly $0.05 in one daily candle, with liquidations above $6m including more than $5.2m in longs. The project team had not publicly addressed the allegations at the time of writing.