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ZachXBT: AXIS Insiders Dump ~42M Tokens From Team Multisig, Triggering 40% Crash Just Days After Binance, Coinbase & Upbit Listings According to on-chain investigator ZachXBT…

Wu Blockchain
Published: 2026-10-29 14:50 UTC
Collected: 2026-10-29 17:03 UTC
Original language: Not supplied by source
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ZachXBT: AXIS Insiders Dump ~42M Tokens From Team Multisig, Triggering 40% Crash Just Days After Binance, Coinbase & Upbit Listings According to on-chain investigator ZachXBT, suspected insiders of Axis Robotics received over 76 million AXIS tokens (valued at over $12 million) from the team multisig wallet before dumping them via decentralized exchanges (DEXs) and depositing funds into Bitget. ZachXBT highlighted that one insider offloaded approximately 42 million tokens (~5.04 million USDC) directly from the team multisig, triggering a 40% price plunge just one week after the token was listed on Coinbase, Upbit, and Binance.

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