According to Ai 姨 (@ai_9684xtpa), WCT experienced a 30% price increase over the past 24 hours, followed by a significant transfer of 2.5 million WCT tokens (valued at $2.34 million) from WalletConnect's project multi-signature address to Binance just 8 hours ago. Historical on-chain data shows this address received an identical amount during the WCT TGE a month earlier, and is linked to Arrington Capital. While it’s unclear whether these tokens are for market making or sale, the timing and size of the deposit raise concerns about potential institutional sell pressure. Traders should monitor Binance’s WCT order books closely for short-term volatility and liquidity impacts. (Source: @ai_9684xtpa on Twitter, 2025-05-28)