TechFlow news, according to CoinDesk, Axie Infinity has released the first tranche of 10 million locked AXS tokens to early investors and insiders. The crypto asset management firm Arca has transferred the unlocked AXS tokens to FTX, a move that may indicate a tendency toward selling.
Additionally, on-chain data shows that a wallet labeled "Axie Infinity: Token Vesting" transferred approximately 785,334 AXS tokens (worth about $6.6 million) to six recipients. Around 21.5 million AXS tokens (worth approximately $200 million) are expected to unlock in the coming days. Original link
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