$WCT
The WalletConnect project team transferred 2.5 million WCT to Binance, which is currently valued at 2.34 million USD.
Monitoring indicates that the address "0x19F...cCA67" received 2.5 million WCT from the project team's multi-signature address 8 hours ago and immediately sent it to Binance. Additionally, a month ago, when the token just had its TGE, this address also received 2.5 million WCT, and upon further investigation, it seems to be related to Arrington Capital. It's unclear whether these tokens are intended for market making or if they are being liquidated for cash.
Looking at HTX's market, WCT surged past 0.97 USD today, currently quoted at 0.93 USD, with a nearly 30% increase in 24 hours! We need to keep an eye on the subsequent trends; a major market movement might be on the way!
