According to ChainCatcher, on-chain analyst @ai_9684xtpa monitored that the Xai project's associated address transferred 11.01 million XAI to Binance via GSR 1 hour ago, equivalent to about 3.89 million US dollars.

It is reported that the address received 37.34 million tokens distributed by the project on January 8, 2024 (before the token was launched), and transferred 14.21 million of them to three addresses 25 hours ago, or entrusted GSR to sell.