PANews reported on November 14 that according to on-chain analyst Yu Jin, Binance Labs may be preparing to sell tokens of some of its investment projects. One hour ago, Binance Labs transferred the tokens of four invested projects (with a total value of approximately US$2.79 million) to the Gate exchange. These tokens include:
• 47.61 million $UNA (worth $1.27 million)
• 25 million $PSTAKE (worth $1.24 million)
• 2.85 million $SIS (worth $270,000)
• 2 million $HIP (worth $7,330)
These four projects are all investments from Binance Labs, and the tokens unlocked through investment have not yet been listed on the Binance exchange.