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Article • over 1 year ago

Storj Faces Volatility as Whales Dump Millions of $STORJ Tokens on Binance

Storj
Storj Faces Volatility as Whales Dump Millions of $STORJ Tokens on Binance
Summary
  • Storj has experienced a significant loss of over 25% in value in the past week.
  • Three whales, likely acting as a single entity, have deposited a large amount of $STORJ tokens on Binance, constituting 7.24% of the total supply.
  • The whales accumulated tokens at low and high prices, resulting in an overall loss and contributing to caution surrounding Storj and the impact of whales on smaller cryptocurrencies.

Source: https://nulltx.com/whales-unload-storj-amidst-market-downturn/

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Storj Faces Volatility as Whales Dump Millions of $STORJ Tokens on Binance | DePIN Hub