STO Jumps 136% as New Wallet Withdraws 25.5 Million Tokens From Binance
According to Lookonchain, a newly created wallet moved about $4.85 million worth of STO from Binance over 20 hours, equal to 11.32% of the token’s circulating supply.
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Terms & Concepts
Circulating supply: The number of tokens currently available in the market and held by the public.
Token withdrawal: A transfer of crypto assets from an exchange wallet to an external wallet, often watched for signs of accumulation or custody changes.
Wallet: A blockchain address or application used to store, send, and receive digital assets.