Insiders dump 42 million AXIS tokens, crash price 40% on Binance listing

Within one day of AXIS token listing on Binance, approximately 42 million tokens were sold from a team wallet for about $5 million in USDC. The sales, traced by blockchain investigator ZachXBT to Axis insiders, accounted for roughly a quarter of tradable supply at launch, causing the price to drop about 40% and hitting late buyers.