The Storj Labs team created panic among investors by moving millions of dollars worth of STORJ.
Storj team 10 October The day he took action again. Offered by on-chain analysis platform Lookonchain in data Storj’s multi-signature (multi-sig) approximately in his wallet $3.43 million worth 7 million STORJwas moved to the team’s wallet called “Storj Team Wallet”.
STORJ team 5 July The stock exchange took action after the sudden increase in the price on $1.22 million to Binance worth 2.5 million STORJ He had transferred. The transfer in question is a big deal for STORJ. fall triggered, the price increased over a period of a few days 0.609 at dollar level to $0.191 much close to 70% caused it to decline.
Then the team September He made a series of transfers worth millions of dollars in 2019. Cryptocurrency exchange last month to Binance approximately for $5.3 millionat r value 10.8 million STORJ Storj Team Wallet was cited as the triggering force of the price movement experienced specifically in STORJ in the same period.
With the transfer transactions made in September, 27% experiencing a decline decreased from $0.446 to $0.323 STORJ, in the following two weeks around 70% rising 0.542 He saw the dollar. In summary, although the transfers made in July mainly brought a decrease, the transfers made in September first caused a decrease and then a much more serious increase.
The team transferred these last STORJs to Binance. did not send. Market experts say a possible Binance transfer could cause a new impact on the STORJ price. to mobility He suggested that this might be the reason.
The last transfer made by the team to CoinGecko data was STORJ negative It seems impressed. In the last 24 hours 13.5% STORJ, which has lost value, at the time of writing from $0.459 finds buyers.
Market analysts think that the decline experienced after the previous transfer transaction may be similar to the current decline and that a new wave of rise may occur in the following days.