MAGIC whale accuses Treasure team of selling tokens at half price through OTC, causing a sharp drop in MAGIC.

BlockBeats news, on August 29th, MAGIC whale ogle accused the Treasure team, a decentralized gaming ecosystem in the Arbitrum ecosystem, of selling MAGIC tokens at 50% of market price through OTC on its social platform. At the same time, ogle also stated that other whales in the community are also selling MAGIC tokens. Previously, due to distribution mechanism issues, the BattleFly project expressed dissatisfaction with the Treasure team and stated that they will sell the tokens. As of press time, MAGIC is currently trading at $0.5247, with a 24-hour decline of 6.74%.