A suspected address associated with the YGG treasury deposited 40 million YGG into Binance, worth 2.65 million dollars

Arkham monitoring shows that about seven hours ago, an address starting with "0xE040" deposited 40 million YGG tokens into Binance, worth approximately 2.65 million USD. This address does not belong to an ordinary trader. On-chain analysis indicates that the wallet is suspected to have a direct connection with the treasury of the blockchain gaming guild Yield Guild Games (YGG), but it is not yet confirmed whether the YGG team treasury will conduct a sell-off.