SONIC core team moves 24 million tokens – latest transfers show massive liquidity movements

A significant capital flow is currently shaking the SONIC community. The latest transfers by the SONIC main team are attracting attention in the on-chain analyst scene: a total of 24 million tokens worth approximately $2 million were moved to an unknown address within a few hours. With a current SONIC price of $0.07 per token, this represents a substantial position shift.

How the transfers took place

The latest transfers were strategically distributed over a period of five hours. The first batch of 12 million tokens left the original wallet about five hours ago, followed by an identical second batch four hours later. This staggered approach could indicate a deliberate strategy to avoid price volatility.

Larger patterns detected

Behind this current movement, a bigger picture is emerging. On-chain monitoring shows that the SONIC team has already withdrawn substantial amounts from well-known trading platforms like Wintermute in the past week. This sequence of liquidity shifts suggests a possible restructuring of the team’s holdings—whether it’s a strategic repositioning, preparation for future activities, or another scenario remains a subject of community speculation.