Kaito $KAITO team denies token sell-off, cites loan repayment

The Kaito team addressed concerns over a recent on-chain transfer, stating that it was not a sale from the team's holdings but a routine market maker loan, which has since been repaid in full. Previously, on-chain analyst Ai Yi reported that 2 million KAITOs (approximately $4.1 million) were deposited into Binance, raising speculation. The address 0x8D0...4afA9 had received 25 million KAITOs from a multi-signature wallet two weeks ago and moved 5 million to a new address 22 hours before the deposit, Odaily News has reported.
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