Synapse Liquidity Provider Sells Tokens and Removes Liquidity, $SYN Price Drops by 18.5% in 24 Hours

Synapse Protocol tweeted that a Synapse liquidity provider sold their $SYN tokens and removed liquidity today. The team is investigating unusual activity on their wallets and is working to get in touch with them. Synapse will update once there is more info. In addition, Synapse stated that there was no security breach of the protocol or bridge.

According to TokenInsight data, the Synapse ($SYN) price dropped by 18.5% in the last 24 hours, trading at $0.334291 now.

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