After a certain address proposed 8 million STGs from Gate, the STG price increased by over 40%
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According to on chain analyst Yu Jin's monitoring, after a certain address proposed 8 million STGs (2.2 million US dollars) from Gate, the STG price increased by more than 40%. After being acquired by ZRO, STG can only be exchanged for ZRO unilaterally, with a fixed ratio of 1 STG=0.08634 ZRO. The ZRO price is 0.84 US dollars, and according to this ratio, the corresponding price for STG should be around 0.07 US dollars. Currently, the STG price is 0.36 US dollars.