TEAM $PLUME TRANSFER TOKEN TO 6 NEW WALLETS AND DIRECTLY DEPOSIT ON CEX EXCHANGES

- In the past 4 days, on-chain has recorded a series of notable transactions: the Gnosis Safe wallet of the Plume team successively transferred millions of PLUME to 6 new wallets, then directly deposited on CEX exchanges like Binance, Gate, Bitget, and KuCoin.

*The flow of funds follows the model: Gnosis Safe => 6 temporary wallets => exchange deposit wallet.

=> This development has left the market confused – as it looks exactly like the trading pattern of an internal dump.

*The Plume team later stated: after listing on Upbit, the liquidity between chains/exchanges was too imbalanced; many major exchanges require the project to provide ERC-20 PLUME on the mainnet to balance the pool and avoid arbitrage.

- Due to the 7-day bridge being too slow, the team decided to transfer tokens directly to meet liquidity requirements (?)

=> However, at this point, an official confirmation is still needed:

- Has the explanation truly been completed?

- Are the tokens sent to the exchange being sold or just used as liquidity inventory?

- Is the token distribution process for CEX standardized to avoid repeating panic scenarios?

- What are your thoughts?