Red Alert for Popular Fan Altcoin! Loaded Transfer Made!

A popular fan token Chiliz (CHZ) There was a new development on the front.

lookonchain‘of According to the post, CHZ Multisig wallet transferred 60 million CHZ (worth $4.33 million) to the “0x220A” wallet 1 hour ago.

Lookonchain also warned investors by pointing out that there was a 12% decrease in the CHZ price after such a transfer took place last time.

“Chiliz Multisig wallet transferred CHZ 60 million (worth $4.33 million) back to wallet “0x220A” 1 hour ago.

The last Chiliz Multisig wallet was 30 million transferred on November 20, worth $2.3 million. “After this transfer, the CHZ price dropped by approximately 12%.”

3.5% decrease in the last 24 hours CHZ At the time of writing, it continues to be traded at $ 0.0718.

*This is not investment advice.

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