Kaito team 5 million tokens flow into Binance, API controversy overlaps with staking unlock period

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【BitPush】Recently, an interesting on-chain phenomenon has caught attention. An address associated with the Kaito team recently sent a large amount of chips to Binance — specifically 5 million KAITO tokens — this happened a week ago. Based on the transaction volume, it might be in preparation for a bulk sale.

This move has sparked quite a bit of discussion. Some observers pointed out that the timing is interesting — it coincides exactly with the period when Kaito communicated with Twitter about API integration being canceled. According to this logic, the team may have had early access to unfavorable news and acted quickly to sell tokens worth over $5 million. Additionally, staking unlocks have also peaked in recent days, making the overall rhythm seem very tight.

Kaito founder Yu Hu’s later announcement indeed mentioned the communication process with Twitter, confirming the existence of information flow. On the other hand, Kaito’s product side is also undergoing adjustments — Yaps and the incentive leaderboard are gradually being phased out, while a new Kaito Studio has been launched. This series of changes, whether in terms of funds or products, has rapidly erupted in a short period, and is definitely worth the attention of market participants.

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BearMarketSurvivorvip
· 17h ago
It's the same old trick again—team insiders get ahead of the game to sell off, retail investors buy in, just the old script. The API is down, yet they still dump large amounts—this rhythm is truly incredible. This is how the information gap makes money, it's hard to handle. Staking unlocks combined with selling off, I have reasonable doubts. 5 million tokens—how low does the price need to go to sell everything? The last frenzy before running away? I'm optimistic about what comes next, just don't lose too much.
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gas_fee_traumavip
· 21h ago
It's the same old trick again—first dump chips, then release an announcement. The smell of a pump and dump is pretty strong. Insider trading has long been a common sight in the crypto world; the real question is when will it be genuinely investigated and punished. $5 million was just dumped like that, while we retail investors are still trying to buy the dip. The API was cut right when the unlock happened—what a coincidence in timing. Dumping during the staking peak period—this team’s moves are really ruthless. Yu Hu’s announcement is just a post-hoc explanation; why didn’t they do it earlier? Once again, it's a case of information asymmetry winning—no wonder they say the crypto circle is full of inside information. But to be fair, this series of actions at least shows there are real issues with the product; Twitter has even stopped cooperating. This is what you call the "Vinegar Time Schedule," where the team runs off first.
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