Suspected Team Multisig Address Distributes 2.499M EVAA Tokens to 10 Addresses, Representing 37.8% of Circulating Supply

EVAA0.47%

Gate News message, April 22 — A suspected team multisig address (0x946) distributed a total of 2.499 million EVAA tokens to 10 addresses within the past 10 minutes, according to Arkham monitoring data. The distribution accounts for 37.8% of EVAA’s circulating supply of 6.61 million tokens, based on CoinMarketCap data.

The distribution occurred in two batches: one minute ago, the address transferred 250,000 EVAA each to five addresses, and nine minutes ago, it transferred a combined 1.249 million EVAA to another five addresses.

Some of the receiving addresses have already moved the tokens to centralized exchanges or sold them on decentralized exchanges (DEXs).

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