Sonic令牌（S）面对Wintermute Split之后的强烈销售压力

Sonic Token（S）与市政公司的五年合作伙伴关系突然结束后，面临着巨大的销售压力。

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）目前正面临着与市政公司五年合作伙伴关系的突然结束后，面临着巨大的销售压力。

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的生态系统追踪器英特尔Scout的报告表示，该合作伙伴关系于5月15日宣布，导致了一系列大型的代币垃圾场，导致代币的价格急剧下降。

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.

该报告还提到，在引入Sonic分裂后仅24小时内，Wintermute出售了150万个s象。这是在较早的Wintermute出售的一批代币，价格约为857,000美元。

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

随着围绕潜在市场操纵的猜测，下降引起了人们对更广泛的市场不稳定的担忧。

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的代币价格下跌可以追溯到Sonic和Wintermute之间的伙伴关系待定。正如Blockware Solutions报道的那样，著名的营销公司Wintermute将在接下来的日子内退出与Sonic的合作伙伴关系。

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.

跨越了五年的合作伙伴关系，Wintermute为Sonic在集中交易所的原住民代币提供了营销服务。预计该合伙企业的关闭将对Sonic的代币价格和流动性产生重大影响。

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.

该报告进一步凸显了预计这些销售额，考虑到不再续签市政协议。 Sonic和Wintermute之间的关系是长期存在的关系，可以理解的是，它的结论造成了相当大的破坏。

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的战略主管已经确认该平台现已与新市场合作伙伴进行对话。这种过渡是索尼克（Sonic）朝着分散融资（DEFI）整合发展的更广泛愿景的一部分，从集中的交易所转向流动性管理。

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，涉及鲸鱼的大规模交易使情况变得复杂。根据与著名的数字资产经纪公司Falconx有关的钱包Tronscan的数据，该钱包将其最近获得的300万S代币中的230万个转移到了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.

这项交易发生在与Wintermute的销售相同的24小时窗口内，这引发了有关当时市场动态的进一步问题。

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.

这些销售的突然和协调性质引发了人们对潜在价格操纵或流动性改组的猜测。一些市场观察家想知道这些举动是否代表了“协调退出”策略，鲸鱼和机构参与者试图立即卸载其头寸，以最大程度地提高利润或保护自己免受损失。

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.

尽管有谣言，英特尔侦察兵仍驳回了“卖出最高，购买”策略的想法，因为其中许多销售都是亏本执行的，这表明所涉及的市场参与者并没有积极尝试利用短期利润。

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.

这些大规模抛售的后果很严重。在过去的24小时内，Sonic令牌损失了其价值的8％以上，其价格目前徘徊在0.50美元左右。在过去的一周中，这种情况恶化了，令牌降低了其价值的15％以上，这反映了更广泛的市场对快速令牌卸载的反应。

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.

价格变动使许多投资者担心声波令牌的长期稳定性。曾经被视为一个有前途的项目，最近的事件引起了人们的担忧，即代币可能会面临进一步的损失，尤其是在销售压力持续的情况下。

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.

随着钱包之间的重要令牌和大量转移，加密货币社区的一些成员提高了市场操纵的可能性。在高度波动的加密市场中，对于大型参与者而言，这并不少见，无论是做市商，鲸鱼还是机构商人，都可以通过大型交易来影响令牌价格。

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

但是，正如英特尔侦察兵指出的那样，目前尚不清楚这些行动是协调的还是仅仅是常规流动性管理的一部分。

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.

无论意图如何，突然的抛售无疑都影响了Sonic令牌的价格。随着市场仍对温特莫特出口的影响以及随后的鲸鱼活动做出反应，索尼克是否能够从这种急剧下降中恢复过来，或者面对面对销售压力的急剧下降，还是会继续挣扎。