Analysis: The Linea team wallet transferred $5.3 million worth of LINEA tokens, possibly to be sold.

LINEA-6,46%

ChainCatcher reports that, according to market sources, the Linea team’s main wallet transferred $5.3 million worth of LINEA tokens to a new wallet. The transfer occurred approximately 10 minutes ago. Based on historical data, similar transfers are usually followed by gradual fund movements into exchanges.

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