A multi-signature address linked to the Cookie team has transferred 20 million $Cookie tokens, valued at approximately $12.55 million, to Binance.
The transfer has sparked discussions about its implications for $Cookie's market performance.
Following the token transfer, $Cookie's market cap has narrowed from over $220 million to $160 million, raising questions about potential selling pressure.
The Cookie team is developing the first index and data layer for AI agents, making it an attractive proposition for investors.