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Storj Team Deposits 5M Tokens Worth $3M Amid 24% Jump

October 16, 2024

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Storj Team Deposits 5M Tokens Worth $3M Amid 24% Jump

The post Storj Team Deposits 5M Tokens Worth $3M Amid 24% Jump appeared first on Coinpedia Fintech News

With the altcoin market turning bullish, the Storj team has started depositing over Binance. Storj team has deposited 5 million tokens worth ~$3M over Binance via GSR markets. The sudden deposit comes after the 24% price surge. The team started the strategic move to deposit to Binance 7 months ago. Currently, the team is following the same pattern which occurred between November 2023 to March 2024. This was when they deposited 37.9 million Storj tokens over Binance at an average price of $0.809. At that point, the deposit was worth $30.6 million.

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