PANews reported on December 8th that, according to Onchain School monitoring and Arkham data, approximately 17 hours ago, a wallet address associated with the BEAT team sent tokens worth approximately $1.2 million to the cryptocurrency exchange Gate. These tokens are currently still held in the exchange's deposit address and have not yet been transferred or traded. However, analysis suggests that some wallets holding BEAT tokens have tested small-scale transactions, indicating potential future trading operations to cash out and profit.PANews reported on December 8th that, according to Onchain School monitoring and Arkham data, approximately 17 hours ago, a wallet address associated with the BEAT team sent tokens worth approximately $1.2 million to the cryptocurrency exchange Gate. These tokens are currently still held in the exchange's deposit address and have not yet been transferred or traded. However, analysis suggests that some wallets holding BEAT tokens have tested small-scale transactions, indicating potential future trading operations to cash out and profit.
The BEAT team's linked wallet sent $1.2 million worth of tokens to a CEX, seemingly indicating a planned sell-off for profit.
PANews reported on December 8th that, according to Onchain School monitoring and Arkham data, approximately 17 hours ago, a wallet address associated with the BEAT team sent tokens worth approximately $1.2 million to the cryptocurrency exchange Gate. These tokens are currently still held in the exchange's deposit address and have not yet been transferred or traded. However, analysis suggests that some wallets holding BEAT tokens have tested small-scale transactions, indicating potential future trading operations to cash out and profit.
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