Key Takeaways:
A wallet suspected to be linked to the Sentient team moved 687 million SENT tokens, worth an estimated $11.52 million, to a new address on April 20, 2026.
"The transaction was identified by on-chain tracking platform Arkham Intelligence," said a researcher from the firm. "A transfer of this magnitude from a team-linked wallet is a significant event for any token."
The 687 million tokens represent 9.49% of the total circulating supply of SENT, an AI-focused cryptocurrency. The receiving wallet is a newly created address with no prior transaction history, a common tactic for preparing tokens for sale on a centralized or decentralized exchange.
This move puts the risk of insider selling back into focus for the AI token sector. A sale of this size could introduce significant selling pressure on the open market, potentially leading to a sharp price decline for SENT as market participants react to the perceived risk of a token dump. The event draws parallels to recent large transfers from team wallets of other AI tokens like Fetch.ai (FET) and SingularityNET (AGIX) which preceded price volatility.
This article is for informational purposes only and does not constitute investment advice.
