Grayscale Transfers 6,448 ETH to a Prime Exchange Hot Wallet

JST cumulative burn ratio reaches 10.96%, over 1.085 billion tokens have been sent to the black hole address

Community questions whether Kaito had prior knowledge of the API ban; two weeks ago, the multisig distributed 24 million tokens, some of which were sold off.

Kaito team transferred 5 million KAITO to an exchange 7 days ago, raising suspicions of "selling off in advance with insider knowledge of negative news."

Fed's New Board Member: Not in a Hurry to Cut Rates, Sees Employment Risk as Higher than Inflation Risk