The $BILL team transferred 50 million BILL tokens, valued at approximately $6.65 million, to the Bitget exchange, according to Evening Trader Group. This significant transfer coincided with a near 40% drop in the token's price. Since its Token Generation Event (TGE), BILL had surged nearly 500%, with this transaction occurring near its peak valuation.
$BILL Team Transfers 50 Million Tokens to Bitget, Price Drops 40%
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