Jito transfers $8 million worth of JTO tokens, may sell transactions

According to BlockBeats, on September 16, Jito transferred $8 million worth of JTO from its independent custody address, according to Arkham analyst Emmett Gallic. Emmett Gallic said the wallet has not been moving for two years since receiving the 25 million JTO from Jito Dev Council Squad. It is expected to be a deal. On September 4, the Jito Foundation announced an update on JTO token economics.