According to ChainCatcher, on-chain analyst @ai_9684xtpa monitored that the Wintermute associated address received 2 million API3s transferred from the API3 Staking address 4 hours ago, worth $3.16 million.

According to previous transaction records, each time the address received API3, it would be recharged to Kraken, suspected of selling. In the past six months, it has received and transferred tokens worth $4.42 million to the exchange.