An on-chain analyst says a Kaito multisig wallet transferred 8 million KAITO tokens worth about $2.25 million to a truncated address, possibly in connection with a scheduled unlock, according to a BlockBeats report.
Transfer details
Ai 姨 (@ai_9684xtpa) reported that the Kaito multisig sent the tokens about 40 minutes before the flash to 0xd21…B2629. The receiving address had received 7 million tokens from the same source three months earlier, according to the report.
Unlock connection remains unconfirmed
A cited unlock schedule called for 12.1 million KAITO tokens on Oct. 20, equal to 5.01% of circulating market value. BlockBeats said the transfer may be related to that event. The report does not provide a full wallet address or transaction hash, and it does not establish that the tokens were sold or sent to an exchange.