The well known PlusToken ponzi scheme, yesterday moved 26 million EOS from its main account to a new account created few hours before. They are probably getting ready to move the $67M worth of EOS to exchanges and dump on the market.
The PlusToken ponzi scheme was built around the buying of PLUS tokens by the users of their wallet, promising high rate of returns. By 2019 they had managed to accumulate $2.9 billion in crypto funds, but the founders of the scam had been arrested. Unfortunately the accumulated funds are still in circulation and according to ChainAnalysis, it is likely that some huge crypto market dumps were caused by the sell-off of the tokens accumulated by PlusToken.
It is likely that the owner of the new account is preparing to receive the 26 million EOS on exchanges or over-the-counter. In any case, while there is a risk of a dump for the price of EOS, perhaps the market could absorb a possible sale without major price movements, as EOS has a volume of over $1 billion every day.