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The SONIC core team wallet transferred 12 million tokens to a new address, worth approximately $1 million.
Svmuu News: According to OnchainSchool, approximately four hours ago, the SONIC core team’s wallet transferred 12 million tokens to a new address, worth approximately $1 million. Additionally, 12 million SONIC tokens were transferred to the same address five hours ago, bringing the total value of SONIC tokens held at that address to approximately $2 million. On-chain data also indicates that over the past week, the SONIC core team appears to have begun withdrawing tokens from Wintermute and several exchanges.
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