Lagrange team's multi-sig address distributed 55.8 million LA tokens to 5 addresses, accounting for approximately 28.91% of its circulating supply

According to Arkham data, the multi-sig address of the Lagrange (LA) team transferred LA tokens to 5 addresses about 1 minute ago. Statistics show that these addresses received a cumulative total of approximately 55.70 million LA tokens, worth about $8.91 million.

The current circulating supply of LA is 193 million, and the total amount distributed in this batch accounts for approximately 28.86% of its circulating supply. LA is currently trading at $0.1599, down 4.38% in the past 24 hours, with a circulating market cap of approximately $30.87 million.