Jito transfers $8 million worth of JTO tokens
According to a report by Jinse Finance, Arkham analyst Emmett Gallic stated that Jito has transferred JTO worth $8 million from its independent custody address. Emmett Gallic noted that since receiving 25 million JTO from the Jito Dev Council Squad, this wallet had remained inactive for two years. It is expected to be a transaction. On September 4, the Jito Foundation announced an update to the JTO tokenomics.
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