A notable move on $M (MemeCore).

~$537M worth of 462.9M $M was minted on BSC via bridge. Tokens first arrived in a fresh wallet then were transferred. No selling or exchange transfers visible yet.

Hard to say definitively whether there's a corresponding lock/burn on MemeCore L1. An official bridge mechanism exists but these transactions currently appear unbacked.

This amount represents roughly 20.47% of the current market cap. A very significant figure.

Worth being cautious.