While the Storj Labs team transferred 6.25 million STORJ to Binance in the last 7 days, the huge drop caused by a similar transfer came to mind.
Binance, which has attracted attention with its upward performance in recent weeks, futures rankings frequently ranked first STORJ, this time too With the large transfer made by the team It came up.
On-chain data analyst The Data Nerd quoted by to data by Storj Labs team in the last 7 days to Binance approximately $2.14 million worth 6.25 million STORJ transferred.
According to the data, STORJ team 5 July Cryptocurrency 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 triggered a huge decline in Storj, causing the price to rise within a few days. 0.609 at dollar level to $0.191 much close to 70% caused it to decline.
STORJ continued to rise during the team’s transfer days and increased over the past week. An increase of around 37% testified. With the transfer period made by the team within 7 days STORJ, although it does not produce a similar effect There is a decline in price and it is thought that the decline will deepen again. The team evaluates the rising prices he sells It is estimated.
from September 16 STORJ, which has shown a serious downward trend since then, according to CoinGecko data last 24 hours in more than 13% losing value $0.395 from level to $0.341 decreased by . STORJ, at the time of writing from $0.341 is being traded.