According to ChainCatcher, Lookonchain's monitoring data shows that Mocaverse has made a large-scale fund transfer in the past two hours. Specifically, Mocaverse's operating expenses and liquidity wallets transferred a total of 24.5 million MOCAs, worth about $10 million, to the four major exchanges - Gate.io, KuCoin, Bybit and Bitget.

This move has attracted widespread attention in the market, and many people speculate that these funds may be used for market making activities. Market making is generally regarded as an important means to enhance market liquidity and stabilize price fluctuations. Nevertheless, the specific purpose of this transfer has not been officially confirmed, and market participants should keep an eye on it.