According to CoinMeta, as revealed by blockchain detective Zachxbt, a suspected insider from the AI project Axis Robotics received over 76 million AXIS from multi-signature wallets, worth more than 12 million US dollars. Subsequently, they sold these tokens through decentralized exchanges and transferred them to Bitget. One of the suspected insiders sold approximately 42 million AXIS on that day, with 8 related wallets holding over 5.04 million USDC. The value of AXIS has dropped by about 40% in the past 24 hours. This token was launched on October 21st.