HYPOTHESIS: Projects knew about X banning InfoFi a long time ago 👀 Only we were misled
Yesterday, while the yappers were in a frenzy over the news, the reactions from InfoFi projects were quite normal, even having prepared their response scripts about ten minutes after @nikitabier's post.
This leads to a hypothesis:
It's possible that insiders of the projects knew about this news beforehand and prepared a response plan; the news release only legitimized their response.
- $KAITO announced Kaito Studio
- $COOKIE posted a farewell message to Snaps
Data on @Arkham shows that about a month ago, 2,100,000 KAITO were transferred from cold wallets to hot wallets (suspected to belong to the project) for the purpose of selling on exchanges.