The SONIC main team transferred a total of 24 million tokens, worth about $2 million, to a new address within the last several hours. On-chain data shows the team has also been withdrawing tokens from Wintermute and various exchanges over the past week. This activity indicates a consolidation or repositioning of assets by the SONIC team.
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SONIC Team Moves $2 Million in Tokens to New Wallet Amid Withdrawals from Exchanges
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