The multi-signature wallet of Bio Protocol transferred 80 million BIO tokens (approximately $5.15 million) to the exchange after the BIO staking and new token issuance doubled in value within two days, exceeding 100%, which has raised high alert in the market.

From a market impact perspective, the core risk lies in its subsequent intentions. If used for ecosystem market making or liquidity deployment, this transfer could help enhance market depth and is considered a neutral signal. However, drawing from historical cases, such large transfers following a price surge often trigger panic among team members about high-level profit-taking. The current transfer amount of about $5.15 million significantly exceeds the $3.79 million whale transfer in August 2025, and it comes directly from the project's multi-signature wallet. Its potential selling pressure could severely impact the liquidity of this DeSci token and undermine the community’s trust in the project's transparency.

Currently, BIO is in a high-volatility range, and market movements following such large transfers warrant ongoing attention. #Gate广场五月交易分享