Filecoin Official: 1.5 Million FIL Is Used To Stabilize Market Price, Not Sell-Off
In response to questions from investors in the Filecoin community that unknown accounts suddenly obtained 1.5 million FIL and transferred them to exchanges on October 15, Filecoin related personnel claimed that these tokens were transferred to different exchanges, not just Huobi. It is to establish an independent market maker to maintain a stable price in the early stage of the project, because the price may be the most unstable at this time. At the same time, these tokens are not a sell-off of FIL by the Filecoin team.
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