Test (TST) token experienced a significant price drop of 40% on May 31, 2025, following an anonymous whale’s sale of approximately $6-7 million in tokens. The sell order, which dominated trading volume on Binance, triggered further market instability. 24 hours later, TST’s value fell to $0.03456. The absence of any public comment from the TST leadership and minimal response from crypto news outlets like Bitcoin World highlights the lack of official guidance during this volatile time. This event raises concerns about the role of large, anonymous whales in thinly traded memecoins, especially as regulatory bodies prepare to scrutinize market manipulations and their potential impact on the cryptocurrency landscape.