Sonic announced it will transfer approximately 13 million S tokens via the OTC protocol over the next 24-48 hours.
Source:
x.com
Sonic official (@SonicLabs) announced on X that approximately 13 million S tokens will be transferred over the next 24 to 48 hours pursuant to a strategic OTC agreement. The counterparty is a long-term partner that will collaborate with Sonic to leverage its network to expand Sonic's reach and user engagement.