Yeliz Akmaca 
One of the notable developments in the cryptocurrency market comes from Sign (SIGN), a project offering digital identity and e-signature solutions. According to on-chain data, the team transferred a total of 150 million SIGN tokens to Binance wallets. This transfer corresponds to about 11% of the circulating supply.
What Does This Mean?
There are several possible reasons behind this transfer of 150 million tokens:
- Providing Liquidity: SIGN tokens could be added as extra liquidity for trading pairs on Binance.
- Marketing and Campaign Funding: This could be a distribution within the previously announced 150M SIGN marketing allocation.
- Concerns Over Selling Pressure: Market investors often interpret large token transfers as potential selling pressure.
In April 2025, the protocol distributed 200 million tokens (2% of total supply) via the Binance HODLer Airdrop program. With the spot listing, 1.2 billion SIGN tokens (12%) entered circulation. Three months later, 150 million tokens (1.5% of supply) were allocated for marketing and community campaigns. The project provides Web3 digital identity and e-signature solutions and has raised $32 million from Sequoia Capital and YZi Labs.
No official statement has yet been released by the SIGN team. However, on-chain data shows that such a large transfer cannot be ignored. We will update our news as developments occur.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.