In the past 24 hours, a multi-sig wallet (0x22c), potentially associated with Starknet, transferred 2.5 million STRK tokens (approximately $1.74 million) to Binance, FlowTraders, and a new wallet (0x750).
This follows a recent transaction in which the wallet received 5 million STRK tokens from Starknet’s team. Shortly after, 750,000 STRK were transferred to Wintermute.
Within last 4 hours, a Multi-sig wallet 0x22c (may belongs to @Starknet) transferred 2.5M $STRK (~$1.74M) to #Binance, @FlowTraders and a fresh wallet 0x750.
Yesterday, this wallet received 5M $STRK from Starknet's team and transferred 750k $STRK to #Wintermute right after that. pic.twitter.com/L9iKKvGnOv
— The Data Nerd (@OnchainDataNerd) June 28, 2024
Currently, the multi-sig wallet still holds 3.75 million STRK, valued at roughly $2.59 million. Additionally, another wallet (0x0A6) holds a substantial 22.71 million STRK, worth about $15.75 million.
This wallet still hodls 3.75M $STRK (~$2.59M) while the wallet 0x0A6 holds 22.71M $STRK (~$15.75M).
Addresses:https://t.co/NIURVDAUHVhttps://t.co/PMMUQZWcLdhttps://t.co/wMdJmX0Ea1
— The Data Nerd (@OnchainDataNerd) June 28, 2024
More Indicators To Monitor For STRK Token
Interestingly, the fully diluted valuation (FDV) of STRK is currently twice as high as its current market cap. This discrepancy suggests a high likelihood that the values will converge, at least partially, in the near future.
I think the r/r is good for this pair
STRK FDV is currently 2x higher, and the likelihood that they end up converging (at least partially) at some point is high. pic.twitter.com/YvriF2tsuw
— VIKTOR (@thedefivillain) June 28, 2024
These significant movements of STRK tokens highlight the ongoing activity and strategic transactions within the Starknet ecosystem, indicating a potential impact on STRK’s market dynamics and valuation.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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