Sentient team-linked wallet moves 687M SENT — about $11.5M — into new address, spotlighting treasury risk A wallet tied to the Sentient (SENT) team has shifted 687 million SENT — roughly $11.52 million at current prices — into a fresh address, rekindling concerns about concentrated token holdings and potential sell pressure, on-chain intelligence firm Arkham reported. Key details - Transfer: 687,000,000 SENT moved from 0x5b54…9C0f to 0xF9D7…262A. - Timing: The move occurred about 20 minutes before Arkham’s alert. - Value and share: At ~ $0.017 per SENT, the transfer equals roughly $11.52M and represents about 9.49% of SENT’s circulating supply (7.23 billion). - Supply context: SENT’s circulating supply is 7.23B against a total supply of 34.35B, leaving room for future unlocks or team/treasury transfers. Why it matters This is one of the largest single shifts in SENT supply since launch and underscores how concentrated holdings remain in team-linked wallets. Depending on the intent — custody reshuffle, internal restructuring, or preparation for distribution — a sizable redeposit to exchanges could fuel perceived sell pressure and affect market sentiment. SENT has traded as high as $0.0231 in recent weeks amid renewed interest in AI-related tokens, making large movements particularly market-sensitive. Arkham’s role and broader context Arkham Intelligence, which bills itself as a “comprehensive blockchain intelligence platform,” flagged the move via its monitoring dashboard. The firm’s alerts have previously highlighted major shifts such as long-dormant Bitcoin wallets moving more than $250M in BTC, demonstrating how on-chain forensics can foreshadow market-impacting flows. Arkham notes that on-chain monitoring is increasingly used across trading, compliance and law enforcement, and market participants routinely watch large internal transfers like this one. What to watch next Sentient holders and traders will be watching the new address for any signs of exchange deposits or further redistribution. Given the large holdings still controlled by team and treasury wallets and SENT’s sizeable total supply, future unlocks or transfers remain a recurring risk for price volatility in the AI-token sector. Read more AI-generated news on: undefined/news