The XAI project's associated address transferred 11.01 million XAI to GSR Markets 1 hour ago and has now been deposited in Binance

According to the monitoring of on-chain analyst @ai_9684xtpa, an hour ago, the XAI project-related address 0xe4d...c6FeF transferred 11.01 million XAI to GSR Markets, which has now been deposited into Binance, worth $3.89 million. This address received 37.34 million tokens distributed by the project party on 2024.01.08 (before the token was launched), and 14.21 million of them were transferred to three addresses 25 hours ago, or entrusted to GSR to sell.