The main SONIC team wallet transferred 12 million tokens to a new address, worth approximately $1 million.

According to Odaily, OnchainSchool monitoring shows that about four hours ago, the main SONIC team wallet transferred 12 million tokens to a new address, valued at approximately $1 million. Another 12 million SONIC tokens were transferred to the same address five hours ago. The address now holds SONIC tokens worth about $2 million. On-chain data also indicates that over the past week, the main SONIC team appears to have started withdrawing tokens from Wintermute and several exchanges.