Stellar (XLM) slumped in the past day, further unraveling any achievements from a recent rally, after the Stellar Development Foundation (SDF) sent funds to Kraken. A whale-watching bot caught the transactions, worth $3.6 million.
https://twitter.com/whale_alert/status/1196134563854135297
The relatively large tranche of 50 million XLM exacerbated the doubts that the project was not dedicated to keeping the market price. The move also caused distressed comments, seeing that the dumping may bring down the XLM price back to $0.05.
The remaining hoard of XLM...