Brevis issued a clarification regarding the alleged transfer of $5.3 million worth of BREV to an exchange by its team.

Odaily Planet Daily reports that in response to onchainschool.pro's monitoring and publication tonight of the news that "the BREV team transferred $5.3 million worth of BREV to exchanges," Brevis officially clarified the following: 1. Regarding the entity: The official name of the project is Brevis, not "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 of the BREV token in the market and maintain a healthy and stable trading environment. This is standard practice for project development and maintaining the normal market function of the token, and not for the purpose of dumping.