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Based on the current price of $6.15, this transfer is worth a full $29.05 million. Interestingly, this wallet address was just created recently, and aside from this incoming transfer, there are no other records. The tokens are still sitting in the account, with no signs of transfer, exchange, or sale.
Large transfers directly released from governance contracts usually have a story behind them. According to the DAO's plan, this is most likely related to budget allocation or phased release plans. For example, the recently approved expansion proposal mentioned an annual growth budget of 20 million tokens—starting from January next year, 5 million tokens will be released quarterly.
The community is speculating whether this is the first batch of quarterly funds arriving. The possible uses are limited to a few directions: supporting core development, ecosystem incentive programs, or operational costs for the lab team. However, the official has not provided a clear statement yet.
The market is now waiting to see what actions will follow. The key question is whether this money will be immediately injected into the market and whether there will be short-term selling pressure—that's quite directly related to the token price.