Crypto NewsAltcoinThis Altcoin Made a Huge Transfer to Upbit, South Korea's Largest Exchange,...

This Altcoin Made a Huge Transfer to Upbit, South Korea's Largest Exchange, Three Mysterious Whales Continue to Accumulate

Although there is a recession in the cryptocurrency market, altcoin whales remain active.

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In a recent development, three new wallets were detected accumulating STORJ on centralized exchanges (CEX).

The wallet with short address 0x311 made a significant withdrawal of 25.57 million STORJ tokens, corresponding to approximately $10.58 million.

Immediately afterwards, the wallet with short address 0x79c transferred 5.35 million STORJ tokens, equivalent to $2.21 million, to its off-exchange wallet.

Finally, the wallet with short address 0x97c attracted 3.99 million STORJ tokens, amounting to approximately $1.65 million, in the last 13 hours.

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However, approximately three hours ago, 9 million ($3.71 million) STORJ tokens were deposited to Upbit, South Korea's largest cryptocurrency exchange. When the data is examined, it is observed that a large number of transfers are made during the day. It is observed that the amount of STORJ transferred to Upbit in the last 24 hours exceeds 16 million tokens.

However, STORJ price was not much affected by the transfer to Upbit and is about to close the day with a 12% increase at the time of writing.

*This is not investment advice.

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