Sonic令牌（S）面對Wintermute Split之後的強烈銷售壓力

Sonic Token（S）與市政公司的五年合作夥伴關係突然結束後，面臨著巨大的銷售壓力。

Sonic Token (S) is currently facing intense selling pressure following the abrupt end of its five-year partnership with market maker Wintermute.

Sonic令牌（S）目前正面臨著與市政公司五年合作夥伴關係的突然結束後，面臨著巨大的銷售壓力。

A report by Intel Scout, an ecosystem tracker for Sonic, stated that the closure of the partnership, announced on May 15, has led to a series of large token dumps, resulting in a sharp decline in the token’s price.

Sonic的生態系統追踪器英特爾Scout的報告表示，該合作夥伴關係於5月15日宣布，導致了一系列大型的代幣垃圾場，導致代幣的價格急劇下降。

The report also mentioned that Wintermute sold 1.5 million S tokens within just 24 hours after the split with Sonic was introduced. This follows an earlier batch of tokens sold by Wintermute for approximately $857,000.

該報告還提到，在引入Sonic分裂後僅24小時內，Wintermute出售了150萬個s象。這是在較早的Wintermute出售的一批代幣，價格約為857,000美元。

With speculation surrounding potential market manipulation, the drop has raised concerns about broader market instability.

隨著圍繞潛在市場操縱的猜測，下降引起了人們對更廣泛的市場不穩定的擔憂。

The recent fall in Sonic’s token price can be traced to the pending closure of the partnership between Sonic and Wintermute. As reported by Blockware Solutions, Wintermute, a prominent market-making firm, is set to exit its partnership with Sonic, a decentralized finance platform, in the upcoming days.

最近，Sonic的代幣價格下跌可以追溯到Sonic和Wintermute之間的伙伴關係待定。正如Blockware Solutions報導的那樣，著名的營銷公司Wintermute將在接下來的日子內退出與Sonic的合作夥伴關係。

The partnership, which spanned five years, saw Wintermute provide market-making services for Sonic’s native token on centralized exchanges. The partnership’s closure is expected to have significant implications for Sonic’s token price and liquidity.

跨越了五年的合作夥伴關係，Wintermute為Sonic在集中交易所的原住民代幣提供了營銷服務。預計該合夥企業的關閉將對Sonic的代幣價格和流動性產生重大影響。

The report further highlights that these sales were expected, considering the non-renewal of the market-making agreement. The relationship between Sonic and Wintermute had been a long-standing one, and its conclusion has understandably caused considerable disruption.

該報告進一步凸顯了預計這些銷售額，考慮到不再續簽市政協議。 Sonic和Wintermute之間的關係是長期存在的關係，可以理解的是，它的結論造成了相當大的破壞。

Adding to the concern, Sonic’s Head of Strategy has confirmed that the platform is now in talks with new market partners. This transition is part of Sonic’s broader vision to move toward decentralized finance (DeFi) integrations, moving away from centralized exchanges for liquidity management.

除此之外，Sonic的戰略主管已經確認該平台現已與新市場合作夥伴進行對話。這種過渡是索尼克（Sonic）朝著分散融資（DEFI）整合發展的更廣泛願景的一部分，從集中的交易所轉向流動性管理。

However, the situation has been complicated by large-scale transactions involving whales. According to data from blockchain analytics firm TRONSCAN, a wallet linked to FalconX, a well-known digital asset brokerage firm, transferred 2.3 million of the 3 million S tokens it had recently acquired to Binance.

但是，涉及鯨魚的大規模交易使情況變得複雜。根據與著名的數字資產經紀公司Falconx有關的錢包Tronscan的數據，該錢包將其最近獲得的300萬S代幣中的230萬個轉移到了binance中。

This transaction, which occurred within the same 24-hour window as Wintermute’s sale, has raised further questions about the market dynamics at the time.

這項交易發生在與Wintermute的銷售相同的24小時窗口內，這引發了有關當時市場動態的進一步問題。

The sudden and coordinated nature of these sales has fueled speculation about potential price manipulation or a liquidity reshuffle. Some market observers have wondered if these moves represent a “coordinated exit” strategy, where whales and institutional players attempt to offload their positions all at once to maximize profits or protect themselves from losses.

這些銷售的突然和協調性質引發了人們對潛在價格操縱或流動性改組的猜測。一些市場觀察家想知道這些舉動是否代表了“協調退出”策略，鯨魚和機構參與者試圖立即卸載其頭寸，以最大程度地提高利潤或保護自己免受損失。

Despite the rumors, Intel Scout dismissed the idea of a “sell-high, buy-low” strategy, as many of these sales were executed at a loss, suggesting that the market participants involved were not actively trying to capitalize on short-term profits.

儘管有謠言，英特爾偵察兵仍駁回了“賣出最高，購買”策略的想法，因為其中許多銷售都是虧本執行的，這表明所涉及的市場參與者並沒有積極嘗試利用短期利潤。

The ramifications of these mass sell-offs have been severe. Over the past 24 hours, Sonic Token has lost more than 8% of its value, and its price currently hovers around $0.50. The situation has worsened over the past week, with the token shedding more than 15% of its value, reflecting the broader market’s reaction to the rapid token offloads.

這些大規模拋售的後果很嚴重。在過去的24小時內，Sonic令牌損失了其價值的8％以上，其價格目前徘徊在0.50美元左右。在過去的一周中，這種情況惡化了，令牌降低了其價值的15％以上，這反映了更廣泛的市場對快速令牌卸載的反應。

The price movement has left many investors concerned about the long-term stability of Sonic Token. Once seen as a promising project, the recent events have fueled fears that the token could face further losses, especially if the selling pressure continues.

價格變動使許多投資者擔心聲波令牌的長期穩定性。曾經被視為一個有前途的項目，最近的事件引起了人們的擔憂，即代幣可能會面臨進一步的損失，尤其是在銷售壓力持續的情況下。

With the significant token dumps and large transfers between wallets, some members of the cryptocurrency community have raised the possibility of market manipulation. In the highly volatile crypto market, it’s not uncommon for large players—whether they are market makers, whales, or institutional traders—to influence token prices through large transactions.

隨著錢包之間的重要令牌和大量轉移，加密貨幣社區的一些成員提高了市場操縱的可能性。在高度波動的加密市場中，對於大型參與者而言，這並不少見，無論是做市商，鯨魚還是機構商人，都可以通過大型交易來影響令牌價格。

However, as Intel Scout points out, it’s unclear whether these actions are coordinated or simply part of routine liquidity management.

但是，正如英特爾偵察兵指出的那樣，目前尚不清楚這些行動是協調的還是僅僅是常規流動性管理的一部分。

Regardless of the intent, the sudden sell-offs have undoubtedly impacted Sonic Token’s price. With the market still reacting to the fallout from Wintermute’s exit and the subsequent whale activity, it remains to be seen whether Sonic will be able to recover from this sharp decline or if it will continue to struggle in the face of mounting selling pressure.

無論意圖如何，突然的拋售無疑都影響了Sonic令牌的價格。隨著市場仍對溫特莫特出口的影響以及隨後的鯨魚活動做出反應，索尼克是否能夠從這種急劇下降中恢復過來，或者面對面對銷售壓力的急劇下降，還是會繼續掙扎。