A WalletConnect project party's affiliated address transferred 2.5 million WCTs worth 2.34 million US dollars to Binance

According to BlockBeats, on May 28th, according to ai_9684xtpa monitoring, the address "0x19F... cCA67" received 2.5 million WCTs from the WalletConnect project's multi signature address 8 hours ago and transferred them to Binance, worth 2.34 million US dollars. This address also received 2.5 million tokens during token TGE a month ago, and it cannot be confirmed whether the tokens will be used for market making or selling, as they are related to Arrington Capital or related to the funds.