Yesterday, the ELSA team's wallet address transferred $4 million worth of tokens to Bybit, causing a price rollercoaster early this morning.

BlockBeats News, January 23rd, according to onchainschool.pro monitoring, last night $4 million worth of ELSA was transferred from one team wallet to two newly created wallets. Subsequently, these tokens were sent to Bybit.

According to market data, ELSA skyrocketed by 173% at 5 a.m. this morning and then rapidly dropped by 38% in the following hour, staging a rollercoaster-like trend. At the time of writing, ELSA was priced at $0.21459, with a corresponding market cap of $48.54 million.