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Kaito multisig address transferred tokens worth $2.25 million 40 minutes ago, possibly a large unlock.

Oct 21, 17:15

October 21, according to on-chain analyst Ai Yi (@ai_9684xtpa) monitoring, the Kaito multisig address transferred 8 million KAITO, worth $2.25 million, to address 0xd21…B2629 40 minutes ago. The intermediary address had received 7 million tokens from the same source three months ago, possibly related to the large unlock on October 20.

According to its token unlock plan, there will be an unlock of 12.1 million KAITO on 10.20, accounting for 5.01% of the circulating market value.

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