In a recent development, Binance Labs, the independent investment arm of Binance, has stirred speculation after transferring a massive STEPN (GMT) reserve. The reserve was transferred to Binance Deposit, which spurred rumours of a possible selloff of investment tokens. Moreover, the GMT price plunged 14% after the transaction, catalyzed by the bearish market trend. Binance Labs recently 9.33 million GMT tokens, valued at $3.14 million, to Binance Deposit. The transaction, reported by SpotOnChain, has left around 9 million GMT tokens in the Binance Labs address (0x2e…e6c2), sparking concerns of a potential selloff of investment tokens.
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RAIN
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ZEC
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ADA
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XMR
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LINK
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XLM
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$0.999866
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BCH
$217.20
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USD1
$0.999615
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USDE
$0.999575
▲ +0.00%
GRAM
$1.36
▲ +1.50%
Mkt Cap $2.31T
BTC Dom 56.65 %
BTC
$65,062.00
▲ +0.20%
ETH
$1,922.53
▲ +0.20%
USDT
$0.999386
▲ +0.00%
BNB
$605.07
▲ +2.20%
USDC
$0.999619
▲ +0.00%
XRP
$1.05
▲ +1.90%
SOL
$76.36
▲ +3.30%
TRX
$0.32868
▲ +0.40%
FIGR_HELOC
$1.04
▼ -2.90%
HYPE
$54.89
▼ -1.40%
DOGE
$0.071219
▲ +1.80%
USDS
$0.999891
▲ +0.00%
RAIN
$0.012646
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$505.99
▼ -1.10%
ADA
$0.199878
▼ -0.10%
XMR
$384.45
▲ +4.30%
WBT
$56.26
▲ +0.20%
LINK
$8.34
▲ +0.50%
XLM
$0.16543
▲ +3.20%
DAI
$0.999866
▲ +0.00%
BCH
$217.20
▲ +0.60%
USD1
$0.999615
▲ +0.00%
USDE
$0.999575
▲ +0.00%
GRAM
$1.36
▲ +1.50%
BTC
$65,062.00
▲ +0.20%
ETH
$1,922.53
▲ +0.20%
USDT
$0.999386
▲ +0.00%
BNB
$605.07
▲ +2.20%
USDC
$0.999619
▲ +0.00%
XRP
$1.05
▲ +1.90%
SOL
$76.36
▲ +3.30%
TRX
$0.32868
▲ +0.40%
FIGR_HELOC
$1.04
▼ -2.90%
HYPE
$54.89
▼ -1.40%
DOGE
$0.071219
▲ +1.80%
USDS
$0.999891
▲ +0.00%
RAIN
$0.012646
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$505.99
▼ -1.10%
ADA
$0.199878
▼ -0.10%
XMR
$384.45
▲ +4.30%
WBT
$56.26
▲ +0.20%
LINK
$8.34
▲ +0.50%
XLM
$0.16543
▲ +3.20%
DAI
$0.999866
▲ +0.00%
BCH
$217.20
▲ +0.60%
USD1
$0.999615
▲ +0.00%
USDE
$0.999575
▲ +0.00%
GRAM
$1.36
▲ +1.50%
Mkt Cap $2.31T
BTC Dom 56.65 %
BTC
$65,062.00
▲ +0.20%
ETH
$1,922.53
▲ +0.20%
USDT
$0.999386
▲ +0.00%
BNB
$605.07
▲ +2.20%
USDC
$0.999619
▲ +0.00%
XRP
$1.05
▲ +1.90%
SOL
$76.36
▲ +3.30%
TRX
$0.32868
▲ +0.40%
FIGR_HELOC
$1.04
▼ -2.90%
HYPE
$54.89
▼ -1.40%
DOGE
$0.071219
▲ +1.80%
USDS
$0.999891
▲ +0.00%
RAIN
$0.012646
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$505.99
▼ -1.10%
ADA
$0.199878
▼ -0.10%
XMR
$384.45
▲ +4.30%
WBT
$56.26
▲ +0.20%
LINK
$8.34
▲ +0.50%
XLM
$0.16543
▲ +3.20%
DAI
$0.999866
▲ +0.00%
BCH
$217.20
▲ +0.60%
USD1
$0.999615
▲ +0.00%
USDE
$0.999575
▲ +0.00%
GRAM
$1.36
▲ +1.50%
