Suspected STEPN investors or team deposited 14.34 million GMT into Binance.
According to Spot On Chain's monitoring on January 29th, a wallet address starting with 0x8b3 (belonging to STEPN investors or the team) deposited 14.34 million GMT (approximately $3.87 million) into Binance 14 hours ago. It is worth noting that since July 2023, it has received 131 million GMT from all unlocks, and deposited 25.8 million GMT (approximately $6.93 million) into CEX at a price of about $0.27 per GMT when the price was falling. The wallet currently holds 104.5 million GMT (approximately $27.7 million).
Subsequently, an equal amount of GMT was transferred out to various addresses, all of which were related to interactions with the Gas Hero game. The transaction is suspected to be related to Gas Hero's recent adjustment plan for rare and legendary assets.