CoinVoice has recently learned that according to monitoring by on-chain analyst @ai_9684xtpa, the address associated with the Xai project transferred 11.01 million XAI, equivalent to approximately US$3.89 million, to Binance via GSR 1 hour ago.

It is reported that this address received 37.34 million tokens distributed by the project party 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 them. [Original link]