According to @OnchainDataNerd, a wallet potentially linked to Sonic Labs has deposited 11.78 million $S tokens, valued at approximately $5.55 million, into Binance. This significant movement could indicate an impending sale or strategic positioning, potentially affecting $S's market price. Traders should monitor Binance's order books for any large sell orders and adjust their strategies accordingly. Additionally, the transaction can be tracked via the provided address on intel.arkm.com.

According to Lookonchain, after the CPI data was released, a newly created wallet withdrew 1,799 ETH (valued at $5.92 million) from Binance. This movement suggests a significant response to economic indicators, potentially impacting ETH liquidity on exchanges and influencing trading strategies.