Chiliz, the CHZ project owner, has withdrawn 1.473 billion tokens from Binance since yesterday afternoon, accounting for 16% of the total number of tokens in circulation.

According to PANews on October 9, according to monitoring by on-chain analyst @ai_9684xtpa, since yesterday afternoon, CHZ project owner Chiliz has withdrawn a total of 1.473 billion tokens from Binance, worth US$103 million, accounting for 16% of the total number of tokens in circulation.

The withdrawal may be related to the PEPPER airdrop, but it is not clear why it was withdrawn to the chain; CHZ is the token of Socios.com, the club platform developed by Chiliz, and it has risen by 38% in the past month.