Plus Token Sell-offs Responsible for BCH, BTC and ETH Price Drop?

A project named plus token scammed many people in Bitcoin, ETH, BCH, XRP and some other coins, and they are currently withdrawing it to cash On the 22nd June 2020, a twitter user Alert found more than 26 million EOS (worth over USD$67mil) had been moved from a wallet related with PlusToken to an obscure wallet, provoking Cryptocurrency brokers to go on high alarm for potential downward value development for EOS. https://t.co/dTKanT3Wtt

Indeed on 24th June 2020 we saw a checked plunge in EOS costs, however it can't be affirmed this was because of an offer of the PlusToken reserves.

Just a matter of a couple of days after the fact on 24th June 2020, Whale Alert found another colossal lump of PlusToken reserves, this time more than 789,000 ETH (worth over USD$187 million) had been moved from a PlusToken wallet to another location, but then again to another obscure location. https://t.co/z2jqlfZ21h?amp=1

Notwithstanding the developments of EOS and ETH, it's been an extremely bustling week for PlusToken. So far they have moved over USD$428 million worth of digital forms of money to new wallet and the accompanying trades: Binance, Huobi, HBTC, OKEx, Gate.io and MXC Exchange. https://mobile.twitter.com/Travis_Kling/status/1275901535239630848?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1275901535239630848%7Ctwgr%5E&ref_url=https%3A%2F%2Fd-14134488033567255669.ampproject.net%2F2006112352003%2Fframe.html

Plus Token has been proven to be a Ponzi scheme which has made a lot crypto investors and users withdraw their crypto into cash.