$3.7M in AIA Tokens Moved from Team Wallet Amid Binance Listing

Blockchain monitoring revealed $3.7M in AIA transfers, including $778K to a new wallet, following Binance’s launch of USDT perpetual contracts for the token.

USDT

44d ago

Summary

Blockchain data shows $3.7 million worth of AIA tokens moved from a team wallet, with roughly $778,000 sent to a new wallet potentially for sale. The transfer happened about five hours before reporting. AIA is priced at $0.255, with a $51.03 million market cap. This comes a day after Binance listed AIA USDT-margined perpetual contracts.

Terms & Concepts

Perpetual contracts: A type of futures contract without an expiration date, allowing traders to hold positions indefinitely while paying or receiving funding fees.
USDT-margined: A derivative product where positions are collateralized and settled using Tether (USDT), a stablecoin pegged to the U.S. dollar.