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Brevis Issues Clarification Statement Regarding "Team Transfers $5.3 Million Worth of BREV to Exchanges"

2026-01-06 16:06

Odaily News: In response to the monitoring and release of the message "BREV team transfers $5.3 million worth of BREV to exchanges" by onchainschool.pro tonight, the official Brevis team clarifies as follows:

1. Regarding the entity: The official name of the project is Brevis, not the "BREV team," and the project token is BREV.

2. Regarding the true purpose of the on-chain funds: This asset transfer to partner exchanges (OKX, Gate.io, Bitget) is a routine market maker (MM) fund deployment by the Brevis team to ensure sufficient liquidity for the BREV token in the market and maintain a healthy and stable trading environment. This is a standard operation for project development and maintaining the normal market functions of the token, not for the purpose of selling.