Spartan Group just removed 6.62M ACX ($2.39M) from the liquidity pool and deposited a total of 7.067M ACX ($2.53M) to Binance at $0.358:

• transaction: 0xd8e7bdaa67b94e5bff8e390d74f4facb1e5dbd1737a9bb2fbda10ff7fa6f12de
• address: 0x54b55662901af57b31fb6b52af8175b652a5816e
• This address belongs to the entity Spartan Group

Notably, Spartan Group received these tokens from UMA's multi-signature wallet 0x8180d59b7175d4064bdfa8138a58e9babffda44a and Across Protocol's accelerating distributor smart contract between July 17, 2023, and just now, at an average price of just $0.0816.

The ACX price jumped 37.3% in the past 5 hours, from $0.319 to $0.438, after Bithumb, South Korea’s second-largest exchange, listed the ACX/KRW trading pair. The price has since cooled to $0.358.

Fig 1. Spartan Group removed ACX from the liquidity pool and deposited 7.067M ACX ($2.53M) to Binance just now.

Fig 2. The 24-hour price chart of ACX at the time of Spartan Group's deposit.

Fig 3. The ACX token flow of Spartan Group.