Arkham reports a 0xE040 address linked to Yield Guild Games moved 40 million YGG tokens from its treasury to Binance in multiple transfers over five months.
Arkham data shows the cryptocurrency address 0xE040, associated with Yield Guild Games’ treasury and multisig wallet, transferred 40 million YGG tokens valued at $2.65 million to Binance on December 27. The transfers occurred over a five-month period, with the latest movement directing the tokens to the exchange. The purpose of the transfer has not been officially confirmed.