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By replicating the tickers of renowned assets, these tokens aim to lure unsuspecting investors into a deceptive trap.The actual event that triggered the sharp decline involved a specific address, identified as 0xf495...5B37, which executed a massive swap of 1,000,000,000,000,000 IBTC in exchange for approximately 394.8 BNB, roughly equivalent to $88K.
Source: Digital Coin News (digitalcoinnews.net)
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