StakeStone Team-Linked Address Transfers 16 Million STO to Bitget
According to on-chain analyst Ai Yi, the wallet sent STO tokens worth $2.87 million to crypto exchange Bitget about eight hours earlier from the token deployment address.
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Terms & Concepts
On-chain analyst: A researcher who tracks blockchain transactions and wallet activity using public ledger data.
Token deployment address: The blockchain wallet used to create and initially issue a token smart contract (self-executing blockchain code).
Crypto exchange: A trading platform where users buy, sell, and transfer digital assets such as STO.