136.8K @ZachHumphries And $EDGE is almost in the Top 100.
Been working alongside this team well before the token dropped. Good to see them doing well.
Deep dive video coming soon!
@edgeX_exchange
Use my link sign up to new PERP dex taking space by storm. https://t.co/XQM8vH8gLG https://t.co/y5HzkW35KA
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3.2K @NewPaguinfo edgeX is not doing any buybacks
The $50M deposit came from Amber Group’s Safe wallet and EOA.
Safe: https://t.co/mZPi6a8c9Q
EOA: https://t.co/3qubZhXMRf
However, when you check the edge chain, there are no Trade records at all.
https://t.co/r4yE9pXSX3
https://t.co/d5UyCTbbu0
For reference, when I check my own wallet address, any actual trade shows up as SPOT_TRADE. The only thing visible on the 47be wallet is SPOT_IN, which only appears for internal airdrops or transfers.
Conclusion: These criminals are not doing buybacks at all. Even if they claim they are, the wallet that pulled $50M out of the Treasury and deposited it definitely didn’t execute any buyback on the edge chain.
And even if they're withdrawing the EDGE they did buyback internally inside edge, there should still be records — but there are none on those wallets at all
3.2K @NewPaguinfo USDC Deposit Record on edge Change
Amount TXID
6,000,000 0x60ca9112a90f24f16af3b3b59f4b1796cc5811d93f18ae280da37ee76fa4696a
9,000,000 0x654947ba33e4e07dcb1bd10364f0659a307c81040768ab72869ed309d1d5d123
9,000,000 0xe7a20d2cf960875790c2b1b894f5dc59770d42e6afd314b9146c48f790f8d0d6
1,000,000 0x348dc77410d39ba60c28fd407659a141db3909034b742d6480bb7d1b937c81b9
5,000,000 0x5b2ef47be9a90a09c41218e304e1c34a41ddd0bdfeff9aebc79d4d3628a928eb
7,000,000 0x72a392ca2229d19852af2af3bfbc3aafcba438ec7ef791f4278efac04f5d7738
10,000,000 0xc8dbbd0ba2df6ad3d26b45f9a78056a15739ae468df43203e4915c8e20df5800
2,999,990 0xd5979c409d8ba4bcf04efd71d2feb8065c407a1ffd1ed0a02c8c5867770b160e
Total 49,999,990
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3.2K @NewPaguinfo LOL 'Please enter edgeX UID'
Well... it's somewhat reasonable
But the very idea of voting on this is absurd
And doing it via a Google Form as well
Really... impressive, Edge! https://t.co/Jhz7kC8RoX
3.2K @NewPaguinfo This is something said by edgeX founder (Sarah)
Due to automatic translation, 'once' was mistakenly rendered as 'a day',
The amount currently claimed to have been bought back is 1.4M EDGE,
approximately $962K
The buy‑back dashboard is also odd,
it links to the 'current' price instead of the price at the time,
so the total buy‑back amount changes with the price
This... uh...
And they say 'some funds were deposited to a CEX for purchase', but why not put it into https://t.co/bPk4aYLIGZ?
Currently, edgeX's Spot Treasury holds 27.3M EDGE
https://t.co/h2YtClcTlh
If they truly are doing a buy‑back, given the current trend, at the same price, within 20 days the EDGE in Edge would become zero.
Of course they could bring more from elsewhere.
Well... also... putting the bought‑back amount into a SAFE is normally not a big deal, but at this time it raises a 'why?' question.
Moved from left hand to right hand, but burning it would be a waste?!
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