TREE NEWS reports: A Kaito multisig address transferred 8 million KAITO tokens, worth $2.25 million, to address 0xd21…B2629 40 minutes before the report, on-chain analyst Ai Yi said. The intermediary address had received 7 million tokens from the same source three months earlier. The transfer may be linked to a 12.1 million KAITO unlock on Oct. 20, equal to 5.01% of circulating market value.
Kaito Multisig Moves 8M KAITO Tokens Worth $2.25M
AI take
The detail that matters here is the pattern, not the single transfer: the same intermediary address absorbing tokens from the project multisig twice in three months suggests a recurring distribution channel rather than a one-off treasury move. With a scheduled unlock of 5.01% of circulating value already on the calendar, the market's focus shifts to whether these tokens are staged for liquidity or for sale. How the intermediary address behaves into and after the unlock is the open question.
Generated by AI for reference only.
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