Bitlayer's BTR plunges 80% after 140 million tokens transferred to Bithumb

Bitlayer (BTR) fell sharply over the past day, sliding about 80% since yesterday afternoon, according to Odaily Planet Daily citing on-chain analyst Yujin. The token dropped from $0.20 to $0.04. Yujin said a total of 140 million BTR has been sent to Bithumb (0x3Ec...22f3), representing roughly 41% of BTR's circulating supply.