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Bitlayer Team Transfers 20M BTR Worth $670K to Major CEX Alpha Wallet via Cross-Chain Bridge

GateNews
Token Events
BTR25.19%
ETH-0.26%

Gate News message, April 27 — Bitlayer's team multisig address (0x8E9E...c641) transferred 20 million BTR tokens worth approximately $670,000 to a major CEX's Alpha wallet on April 26. The transfer involved bridging BTR from Ethereum to BSC in two transactions: 5 million tokens followed by 15 million tokens.

According to CoinMarketCap data, the total transfer represents 6% of BTR's circulating supply of 333.28 million tokens. BTR is currently trading at $0.03385, up 6.24% over the past 24 hours, with a circulating market cap of approximately $11.28 million.

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