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Is there a change in the $AIA team wallet? When $3.7 million moves, do the signs indicate an upcoming mass sell-off?
The community holding $AIA should be very cautious when blockchain tracking tools reveal large movements of tokens from the team wallet itself, raising concerns about upcoming selling pressure.
🔷 About two hours ago, an amount worth $3.7 million was transferred from the development team wallet.
🔷 Notably, after the move, a portion of that amount, approximately $778,000, was transferred to a new wallet.
Typically, transferring funds to a new wallet is a preparatory step for listing on platforms or conducting OTC transactions to achieve liquidity.
🔶 If all tokens worth $AIA are sold on the market, analysts fear this could just be the beginning of a fire sale.
The remaining tokens from the total of $3.7 million could be distributed later, putting significant downward pressure on the AIA price.
The community holding $AIA should be very cautious when blockchain tracking tools reveal large movements of tokens from the team wallet itself, raising concerns about upcoming selling pressure.
🔷 About two hours ago, an amount worth $3.7 million was transferred from the development team wallet.
🔷 Notably, after the move, a portion of that amount, approximately $778,000, was transferred to a new wallet.
Typically, transferring funds to a new wallet is a preparatory step for listing on platforms or conducting OTC transactions to achieve liquidity.
🔶 If all tokens worth $AIA are sold on the market, analysts fear this could just be the beginning of a fire sale.
The remaining tokens from the total of $3.7 million could be distributed later, putting significant downward pressure on the AIA price.
