Analysis: CHZ project owner Chiliz withdraws 1.473 billion CHZ from CEX, possibly related to PEPPER airdrop
According to ChainCatcher, @ai_9684xtpa, an on-chain data analyst, analyzed that the fan token CHZ has changed on the chain. Since yesterday afternoon, the CHZ project owner Chiliz has withdrawn a total of 1.473 billion tokens from Binance, worth $103 million, accounting for 16% of the total number of circulating tokens.
The withdrawal may be related to the PEPPER airdrop, but it is not certain why it was withdrawn to the chain. CHZ is the token of the club platform Socios developed by Chiliz, and has risen 38% in the past month.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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