Analysis: The CHZ project party Chiliz proposed 1.473 billion CHZ from Binance, possibly related to the PEPPER airdrop

according to on-chain data analyst @ai_9684xtpa's analysis, there has been on-chain activity for fan token CHZ. Since yesterday afternoon, the CHZ project team Chiliz has withdrawn a total of 1.473 billion tokens from Binance, worth 103 million USD, accounting for 16% of the total circulating tokens.

The withdrawal may be related to the PEPPER airdrop, but it is unclear why it was moved on-chain. CHZ is the token for the club platform Socios developed by Chiliz, which has risen 38% in the past month.